STORY: Chinese pharmaceutical, energy firms support Tanzania's Zanzibar industrialization drive
SHOOTING TIME: Aug. 7, 2024
DATELINE: Aug. 10, 2024
LENGTH: 00:01:47
LOCATION: ZANZIBAR, Tanzania
CATEGORY: POLITICS/ECONOMY

SHOTLIST:
1. various of the signing ceremony
2. SOUNDBITE 1 (Swahili): HUSSEIN ALI MWINYI, Tanzania's Zanzibar President
3. SOUNDBITE 2 (English): YANG CHEN, Chief scientist advisor for Africa Bio Chem

STORYLINE:

Tanzania's Zanzibar government on Wednesday signed agreements with two Chinese-funded companies to boost the development of the country's health and energy sector.

Africa Bio Chem, a Chinese pharmaceutical firm, signed an agreement with the local government to produce advanced innovative medicine and bio-vaccine production base.

ABC Power Tech Ltd., another Chinese firm that deals with photovoltaic power generation, has also partnered with the Zanzibar government to produce 200 megawatts of electricity in the industrial park.

Tanzania's Zanzibar President Hussein Ali Mwinyi witnessed the signing of the investment agreements between the Zanzibar government and the Chinese companies, noting that the two Chinese companies will station in the newly launched Dunga-Zuze industrial park.

SOUNDBITE 1 (Swahili): HUSSEIN ALI MWINYI, Tanzania's Zanzibar President
"These projects will provide various benefits, including employment opportunities for young people, increasing the value of the produce of farmers and breeders, as well as lifting the government's income through various taxes. These projects will include strengthening the highway network to connect all production areas and markets, which will reduce shipping costs and ensure that products produced in these areas can reach customers quickly and efficiently."

Speaking on Wednesday after the signing of investment agreements, Yang Chen, chief scientist advisor for Africa Bio Chem, said his company has decided to join hands with Zanzibar to build this advanced innovative medicine and bio-vaccine production base, contributing its strength to improving the healthcare level of the local area and the entire African region.

SOUNDBITE 2 (English): YANG CHEN, Chief scientist advisor for Africa Bio Chem
"We have decided to join hands with Zanzibar to build this advanced medicine and bio-vaccine production base, contributing our strength to improve the healthcare level of Zanzibar and Tanzania and the entire African people."

Xinhua News Agency correspondents reporting from Zanzibar, Tanzania.
(XHTV)