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President Samia Suluhu Hassan, who was in Beijing, China, attending the Forum on China-Africa Cooperation (FOCAC), held the meetings with the investors. The discussions centered around strengthening Tanzania’s digital economy and enhancing technological capabilities.
Two major Chinese companies have expressed interest in investing in Tanzania, focusing on satellite technology and the manufacturing of ICT equipment.This significant move is part of Tanzania’s broader strategy to boost its digital infrastructure.
President Samia Suluhu Hassan, who was in Beijing, China, attending the Forum on China-Africa Cooperation (FOCAC), held the meetings with the investors. The discussions centered around strengthening Tanzania’s digital economy and enhancing technological capabilities.
Speaking after the meeting, Permanent Secretary for the Ministry of Information, Communication and Information Technology, Mohammed Khamis Abdulla revealed that President Samia met with the two companies as part of preparations for Tanzania’s satellite project. One of the companies has shown interest in collaborating with Tanzania to launch its satellite. This is a crucial step as the country plans to launch a program called ‘From Mount Kilimanjaro: The Peak of Africa to Space’ later this year, said Mr Abdulla. He added that while communication services are already available on Mount Kilimanjaro, the goal is to go beyond and extend Tanzania’s reach into space.
The second company, which specializes in ICT equipment, has shown a keen interest in supporting Tanzania’s Digital Economy Strategy, a ten-year plan aimed at transforming the country’s digital landscape. This includes building factories to manufacture laptops, computers, and other ICT-related products.
During the meeting, President Samia held talks with leaders from companies such as China Academy of Space Corporation (CASC) , China Electronics Corporation, Transsion Group, Weihua Group, China Railway Construction Corporation (CRCC), and Acme Consultant Engineers PTE Limited, all from China.
According to Gilead Teri, the Executive Director of the Tanzania Investment Centre (TIC), President Samia also met with four major investment companies in China. These companies focus on the production of electronic goods, tourism investment, heavy metal products, and the development of industrial parks.
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He further urged Tanzanians to prepare to seize the opportunities that will arise from these investments, emphasizing the importance of partnering with foreign investors to boost local production and secure a stable market. President Samia also engaged with Tanzanians living in China, including workers, students, and business people.
