This was among the three African countries he was visiting which included South Africa and the Democratic Republic of Congo.
His visit to Tanzania saw him signing 17 contracts among which included the three year Economic and Technical Cooperation worth $800m (Tsh1.8trn) aimed at implementing various projects.
These economic partnerships that were signed meant that part of the funds will be allocated to funding soft loans and the development of the portside industrial zone that would also includes the construction of Bagamoyo special economic zone.
It should be noted that in the recent past Tanzania Minister for Industry and Trade Dr Abdullah Kigoda has often been heard claiming that Tz may never attain the needed middle income status by 2025.
He says unless the country focuses on industrialization that would mean creating employment opportunities for local Tanzanians.
Minister Kigoda has often stressed that improving both industries and trade with partner states would mean having market access to Tanzania manufactured products.
He argues that it would lead to improving the economy as well, while stressing the need for both the private sector and the government to work hand in hand in driving the economy forward.
While briefing journalist on President Xi Jinping visit last week, Tanzania Minister for Foreign Affairs Mr. Bernard Membe said that among the contracts to be signed will aim at enabling millions of Tanzania tobacco growers have direct access to Chinese markets.
Membe noted that by assuring market for tobacco growers, it would lead them to produce more tobacco for export that will mean improving the economy as well.
Among other projects in the framework to be financed by the Chinese government includes Infrastructure Development Cooperation (phase I) and a project on modern agricultural industrialization zone.
Speaking during Xi Jinping inaugural of Mwalimu JK Nyerere International Convention Centre in Dar es Salaam, a building also constructed by a Chinese firm, Tanzania President Jakaya Kikwete noted that the visit by Chinese president to Tanzania was a good sign that aimed at opening doors for increased investment and promotion in the country by the far-east nation.
He said that it was important for the country to understand that reliable partnership between Tanzania and China was going to remain strong because Chinese support is based on the mutual benefit between countries that rendered no interference to respective countries.
The Chinese counterpart on the other hand expressed stressed for the respect of sovereignty and respect of States saying his country’s support to Africa was not going to interfere with the respective country’s’ sovereignty.
Xi Jinping made his special address to Africa countries from Dar es Salaam saying Chinese government was going to intensify and not slacken off its efforts to cooperate with Africa. He also noted that his country was committed to supporting and safeguarding the interests of developing countries.
He stressed that for African countries to move forward and attain the required economic growth, it was important for both the respective country and China to tackle such problems in a win-win situation in order to register more success.
The Chinese President also noted that his country will be increasing soft loans to Africa amounting to $20bn between 2013 and 2015 stressing that Africa will always remain the Chinese priority.
Tanzania also continues to benefit from scholarships being offered by the Chinese government to Tanzania students seeking for their higher education an opportunity that sees thousands of students receiving their undergraduate programs in China universities.The country has also seen an increase in various projects being undertaken by Chinese firms in the aspect of mining where Chinese firms are involved in iron ore and coal mining at Mchuchuma, and Liganga.
Chinese companies have also been seen involvement in different construction sites in the country especially to do with road and buildings where Chinese companies have seen to play a bigger role in the construction sector
No comments:
Post a Comment