Hon’ble Mr. Kombo highlighted five key areas for collaboration between both the countries. These areas are tourism, hospitality, healthcare, food processing and packaging. The minister assured Indian investors on single window clearance, ease of land acquisition and other business support and incentives for investing in that country.
Speaking about investment opportunities in his country, the minister said Government of Tanzania is privatizing certain sectors such as water supply and other utilities, airport ground handling and other services. The Government of Zanzibar is promoting investment in recycling of plastic waste as it damages the marine ecology, including dolphins and other marine fauna.
Hon’ble Mr. Kombo also invited Indian companies to come and invest in convention centres, hotels, resorts, hotels and shopping malls.
The minister suggested India’s micro, small and medium enterprises (MSMEs) to come and explore value addition opportunities in minerals such as gold, iron ore, nickel, copper, cobalt, silver and food processing sector.
Speaking about some of the tourist attractions in Zanzibar, the minister pointed to spice tour, dolphin games, Stone Town Heritage, Sunset Cruise and Red Colobus monkeys.
The Minister suggested India’s film industry to explore Tanzania as shooting destination and assured them of all possible government support in this regard.
In order to promote bilateral trade and investment, Hon’ble Mr. Kombo suggested Government of India to ease visa procedures for Tanzanian citizens visiting India.
The minister announced that he would lead a high level business delegation of more than 20 members in the near future to India.
Earlier in his welcome remarks, Mr. Vijay Kalantri, Vice Chairman, MVIRDC World Trade Centre Mumbai and President, All India Association of Industries (AIAI)
said, “Today, Africa is the focal point of India’s foreign policy. India’s Prime Minister is aggressively promoting bilateral partnership between India and Africa. Apart from importing crucial raw materials, Indian companies can also explore joint venture and set up manufacturing plants in Tanzania that can serve as gateway for their presence in African continent. I expect trade between India and Tanzania to grow from five-fold in the near future from the present USD 2.64 billion. India has offered USD 92 million Line of Credit to Tanzania and I expect this to grow in future. There is tremendous scope for bilateral partnership in the MSME sector as India has the largest number of MSMEs in the world.”
The minister led a delegation of trade and government officials, which include Ms. Sabah Saleh Nassor, Chairperson, Zanzibar Commission for Tourism, Tanzania, Dr. Abdulla Juma, Executive Secretary, Zanzibar Commission for Tourism, Mr. Jilesh Himat Babla, Director, Zanzibar Tourism Promotion Centre, India, among others.
The meeting was attended by representatives from trade and industry, financial institutions, media and entertainment sectors.
During the event, MVIRDC World Trade Centre Mumbai and All India Association of Industries (AIAI) signed memorandum of Understanding (MoU) with the Zanzibar Commission for Tourism, Tanzania to promote culture and tourism.
Capt. Somesh Batra, Vice Chairman, MVIRDC World Trade Centre Mumbai
proposed vote of thanks for the event.
Dignitaries from Zanzibar and MVIRDC World Trade Centre Mumbai signing Memorandum of Understanding to promote bilateral trade, tourism and culture at an interactive meeting. (From Left to Right) Ms. Sabah Saleh Nassor, Chairperson, Zanzibar Commission for Tourism, Tanzania, Mr. Vijay Kalantri, Vice Chairman, MVIRDC World Trade Centre Mumbai and President, All India Association of Industries (AIAI), Hon’ble Mr. Mahmoud Kombo, Minister for Information, Culture & Tourism, Government of Zanzibar, Tanzania, Mr. Jilesh Himat Babla, Director, Zanzibar Tourism Promotion Centre, India and Capt. Somesh Batra, Vice Chairman, MVIRDC World Trade Centre Mumbai