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Over 100 Chinese investors to attend China-Tanzania investment forum

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STORY: Over 100 Chinese investors to attend China-Tanzania investment forum
DATELINE: Sept. 7, 2023
LENGTH: 00:02:53
LOCATION: DAR ES SALAAM, Tanzania
CATEGORY: ECONOMY

SHOTLIST:
1. SOUNDBITE 1 (English): HUANG ZAISHENG, Chairman of Sinotan Industrial Park and coordinator of China-Tanzania investment forum
2. SOUNDBITE 2 (Swahili): JOHN MNALI, Director of investment promotion, Tanzania Investment Center
3. SOUNDBITE 3 (English): YANG ZEYU, Attache in economic and commercial sector of Chinese embassy in Tanzania
4. various of the press conference 

STORYLINE:

A delegation of more than 100 Chinese investors has confirmed to participate in the China-Tanzania investment forum to be held in Dar es Salaam, the commercial hub of Tanzania, on Sept. 25, organizers have said.

Huang Zaisheng, chairman of Sinotan Industrial Park in Tanzania and coordinator of the forum, told a press conference in Dar es Salaam Monday that the Chinese delegation will be led by the China Council for the Promotion of International Trade Zhejiang Provincial Committee and the Jinhua Municipal People's Government, also in east China's Zhejiang Province.

According to Huang, Chinese investors aim to establish long-term partnerships with Tanzanian government departments and businesses.

SOUNDBITE 1 (English): HUANG ZAISHENG, Chairman of Sinotan Industrial Park and coordinator of China-Tanzania investment forum
"The purpose of this forum is to establish links between the Chinese investment and Tanzanian companies and also link the two countries and the two markets so that China and Tanzania can greatly interact and do more business in terms of investment and trade and other businesses."

The forum will be jointly organized by the Tanzania Investment Center (TIC), the Tanzania Private Sector Foundation (TPSF), and the Confederation of Tanzania Industries (CTI).

John Mnali, TIC's director of investment promotion, said that Tanzania will use the forum to explore business opportunities with Chinese investors.

SOUNDBITE 2 (Swahili): JOHN MNALI, Director of investment promotion, Tanzania Investment Center
"The coming of these business people and investors from China to our country will enable and boost the establishment of various new investment projects. It's also a good opportunity for them to cooperate with Tanzanian companies."

SOUNDBITE 3 (English): YANG ZEYU, Attache in economic and commercial sector of Chinese embassy in Tanzania
"China has been Tanzania's largest source of investment for many years and brought a large amount of investment in Tanzania and made a significant contribution to Tanzania's economy. The cement, ceramics, glass and cables produced by Chinese companies here have supported Tanzania's industrialization process. Diapers, launder powder and sunflower oil produced by Chinese companies have entered tens of millions of Tanzanian families. So Chinese investment has also created a large number of jobs in Tanzania. The increasingly close economy and trade relationship not only provide convenience for the people of the two countries but also further deepen the friendship between China and Tanzania."

Xinhua News Agency correspondents reporting from Dar es Salaam, Tanzania.
(XHTV)

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