Tanga Investors Praises President Samia For Neutralizing Investing Policies -

Mr Wu Chenglei, the Deputy General Manger of the Tanga- based Maweni Limestone Limited

“President Samia has successfully managed to transform Tanzania into a ‘Safe Investing Sky”

By Senior Reporter VALENTINE OFORO

INVESTORS who have extended diverse investments footholds in Tanga region have applauded President Samia Suluhu Hassan for standing at forefront to improve investing policies and regulations in the country.

Since ascended to power, they said, President Samia has worked to put in place initiatives meant to ensure both, indigenous and foreign investors are finding it easy to invest in the country.

Reacting over the envisaged maiden tour by President Samia in the Coastal region of Tanga, which has been drafted to commence in February Sunday 23rd 2025, the investors observed that the Head of State has successfully managed to transform Tanzania into a ‘Safe Investing Sky’.

Mr Firoz Talib

Mr Firoz Talib, the Marketing Manager at Tanga Beach Resort Hotel expressed that the region is currently witnessing mushrooming of key investments.

“Investing in Tanzania is no longer a complicated process,” he said, added: “President Samia has neutralized and fast -tracking the process, the impressive development which is now attracting a good number of investors to chip- in and invest in the country,“

Tanga Beach Resort Hotel

For instance, he added, the Sith Phase Government under the leadership of President Samia has implemented a series of key development projects in Tanga region, the initiatives which have boosted the region’s economic status, stimulating population growth as well as opening prestigious niches for investments.

He itemized the projects as expansion of Tanga port, construction of a 18bn/- worth Mkomazi Irrigation Dam, establishment of a special science school for girls, and implementation of the East African Crude Oil Pipeline Project (EACOP), to mention but a few.

And he added, the investors have well prepared to host President Samia in her coming eight -days visit in the region, expressed high optimism that the visit will help to trigger more investment spirit in the region.

Speaking on his part, Mr Wu Chenglei, the Deputy General Manger of the Tanga- based Maweni Limestone Limited said President Samia has introduced friendly investment policies and regulations.

“President Samia has improved investment processes, for instance, paper work and other necessary protocols for investing in Tanzania has become more easier,” he said.

At the well- refurbished Tanzania Investment Center (TIC), Mr Chenglei said, the investors are now processing all of the needed investment requirements under the same roof, and within short period.

Tanga- based Maweni Limestone Limited

He insisted that removal of some nuisance taxes and investing beurocracy was among the other factors that have turned Tanzania into the best investment hub.