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Transport to drive economy

Article - November 30, 2011
Banking reforms, solid macro-economic policies and significant investment from the IMF and World Bank have boosted Tanzania’s recent economic performance. In 2009-10, the country bucked global trends, increasing GDP by 6 per cent year-on-year.
However, Tanzania’s ageing transport infrastructure is struggling to keep up with the demands of a thriving economy and is in need of a complete overhaul.

The Surface and Marine Transport Regulatory Authority (SUMATRA), established in 2001, oversees all non-aviation transport in Tanzania, including road, railway and maritime operations. Acting director general Ahmad Kilima believes Tanzania offers foreign investors some great opportunities: “Our stable and business-friendly government is keen to incentivise investment in infrastructure and we have reduced red tape to make doing business here easier. Tanzania benefits from a number of natural resources and we are also the perfect platform for the East African market and the gateway to our landlocked neighbours -–Zambia, DRC, Rwanda, Burundi, Uganda and South Sudan.”

P.O. Box 3093, Dar es Salaam, Tanzania
Tel: +255 22 2197500
E-mail: infor@sumatra.or.tz
www.sumatra.or.tz

COMPANY DATABASESee all Database >

FUJISASH CO.,LTD.

Manufacturing, Japan

ABLIC Inc.

Manufacturing, Japan

LEADER DATABASESee all Database >

Katsumi Ishizaka

CEO & President
Fuji Silysia Chemical L.T.D.

TSUTOMU YOSHIDA

Representative Director and President
FUJISASH CO.,LTD.

Nobumasa Ishiai

President and CEO, ABLIC Inc. Senior Managing Executive Officer, MinebeaMitsumi Inc. (Parent Company of ABLIC)
ABLIC Inc.

HIROSHI KOYAMA

MANAGING DIRECTOR
JUJO CHEMICAL CO., LTD.

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