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Tanzania to promote textile trade at CIIE 2019

Tanzania plans to promote trade at the second China International Import Expo (CIIE) being held in Shanghai. The event will also enable the country to promote investments in agriculture, mining and fisheries sectors.  Tanzania benefited from the first CIIE held in 2018 by recording a growth in the number of tourist arrivals from China to Tanzania. Statistics show that about 30,000 Chinese tourists visited Tanzania last year.

Tanzania also plans to promote joint ventures between Tanzanian and Chinese investors. The country plans to get the needed capital for expanding its existing businesses besides acquiring the knowhow and the technology to transform the business operations. The government also plans to provide incentives to investors in the textiles factories.