Wednesday, October 24, 2012

Tanzania: Firms Asked to Support Infrastructure in the Region



Dar es Salaam, Tanzania — In a bid to improve infrastructure logistics in the East African region, experts have requested for Multi-national corporations in the region to focus much on supporting infrastructure construction instead of Corporate Social Responsibility (CSR) which brings little effect to the society.
The African logistics experts' conference that convened in Dar es Salaam last week to discuss infrastructure developments in the region said it has become a fashion in Africa where multinational corporations are focusing their support on CSR instead of taking some of their gained profit percentage to help the region logistic sector.
 (Prof. Anthony Beresford exchanging words with Transport Minister Dr Harrison Mwakyembe)
Speaking in an exclusives interview with EA Business Week in Dar es Salaam last week, Prof. Anthony Beresford of Cardiff University who was one amongst the key speakers during the conference said that it was important for multi-national corporations operating in the region with billions in operational capital to give a hand in infrastructure for their own benefits.
"These multi-national corporations need to show the percentage of their turn over to the world by supporting in the areas which does not relate to their business like electricity, transport, water and other new fields" Prof. Beresford said.
He said that for any investment in rail infrastructure which is relatively cheap as compared to other means of transport to take place, the respective countries in the region need first to understand "what goes where" in terms of goods in order to build a picture of flow.
"We need to study the tracking flow of business in the respected areas we focus to start rail infrastructure if we are to operate on profit" Prof. Beresford insisted.
According to the Minister of Transport Dr. Harrison Mwakyembe, transport system was a key element in globalization and economic growth of any country.
"Wining clients in every business depends with the availability of goods at the market, the minister said and added that business cannot sustain if goods do not reach the market."
Dr Mwakyembe said there were a lot of peasants in the region who are willing to grow more agricultural produce but lacked transportation on harvest saying it was important for the workshop to focus on enhancing logistic services.

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