Tanzania Government Has A Free Offer For Investors

Tanzanian government will provide free land to investors who would be interested in establishing industries involved in making building and construction materials, a cabinet minister has revealed.

Opening the 21st Buldexpo yesterday, the minister for Lands, Housing and Human Settlements Development, Mr Wlliam Lukuvi, told the business community that the offer will last until December, aiming at attracting more investors in the building and construction sector and reducing imports.

Buldexpo is Africa’s building and construction tradeshow whose 21st edition is currently going on in the country for three days. It comprises more than 200 manufacturers and exporters from around the world, covering a variety of sectors in construction, ranging from building and construction materials, aluminum steel profiles, granite, ceramics and pipe fittings to mining tools and hardware.

So far, at least 800 plots have been set aside at Kibaha area, according to him, but the offer is for the whole country.

“I am happy that you (exhibitors) are here to showcase your modern construction materials, but I wish you could install plants for manufacturing them locally instead of importing them,” he told the exhibitors. To ease the process, Mr Lukuvi has announced the government would provide them with land free of charge.