Local traders were inspired to profit from the alternatives supplied by means of the Export Processing Zones Authority (EPZA) during the financial zones to identify industries and give a contribution to financial enlargement.

The EPZA Principal Investment Promotion Officer, Ms Nakadongo Fares, mentioned all through the seventh exhibition of the native business merchandise at Saba Saba grounds alongside Kilwa Road that traders can make investments hugely during the Export Processing Zones (EPZ) and Special Economic Zones (SEZ).

“Investors stand a better chance to be successful if they invest through the EPZ and SEZ schemes due to their efficiency in terms of facilitation and incentives package offered,” she mentioned.

She mentioned traders make investments hugely during the two schemes and wired that the federal government continues developing conducive funding and trade surroundings in the rustic for trade to thrive and give a contribution to financial building.

With financial zones already offering important infrastructure and incentives, it’s conceivable interact in climate-ready investments and infrastructure, provide chain resilience, era developments, synthetic intelligence and cyber safety.

EPZA has reinforced itself in making the funding surroundings in the rustic pleasant thru SEZ and EPZ programmes that have an effect on strategic sectors equivalent to Agriculture and Industry.

Ms Nakadongo additionally mentioned that Tanzania has numerous uncooked fabrics that may allow the rustic to construct a powerful economic system and create extra jobs if they’re used as it should be.