TANZANIA TOOKU GARMENT COMPANY PLANS TO SET UP TEN PLANTS IN THE COUNTRY

The Tanzania Tooku Garment Company located at the Dar es Salaam Export and Processing Zones Authority (EPZA) have announced plans to set up ten plants...

The Tanzania Tooku Garment Company located at the Dar es Salaam Export and Processing Zones Authority (EPZA) have announced plans to set up ten plants in the country.
Speaking during the ongoing China-Africa media conference to highlight Chinese companies in Africa, senior company official said they need 200,000 hectares of land to set up plants.
During the conference, the Chinese companies have shown interest to put up projects in such sectors as electronics, textiles, cosmetics, chemicals, pharmaceuticals and finance.
The prospective investors have described Tanzania as a peaceful country where business can flourish.
“Improved efficiency at the Dar es Salaam port is also contributing to more investments,” said a Chinese official interviewed.
The Sino-Africa media conference involves 30 journalists from Tanzania, China and Kenya. Chinese journalist are led by the Deputy Director of China Broadcasting Corporation—Xinhua, Zhou Liang.