Tanzania is hosting a group from the Dubai Chamber of Commerce to investigate business prospects, namely in Tanzania's Special Economic Zones (SEZs). The Export Processing Zones Authority (EPZA) has praised the visit as a major turning point in demonstrating Tanzania's potential as a center for economic and industrial growth. Mr. Charles Itembe, the director general of EPZA, credited the visit to President Samia Suluhu Hassan's economic diplomacy, which has improved Tanzania's standing as Africa's entry point to international markets.

During the conference in Dar es Salaam, Mr. Itembe stated, "Tanzania is now recognized as a secure and attractive destination for manufacturers targeting international markets."

Mr. Itembe discussed Tanzania's current plans to extend SEZs in strategic areas such Bagamoyo, Dodoma, Tanga, Kwala, and Kigoma. More than 2,000 industries are expected to operate in the Bagamoyo Special Economic Zone alone, providing chances for private sector investment in manufacturing and infrastructure. "Programs for SEZs and Export Processing Zones (EPZs) have been crucial in developing industrial economies around the world by facilitating the quick expansion of domestic industry. We are urging investors to take advantage of this chance to build facilities and manufacture goods for the African market," he stated.

Citing the government's dedication to fostering an environment that is favorable to international investors, he also gave the group assurances regarding the safety and security of their assets. Mr. Mohammad Ali Lootah, President of the Dubai Chamber of Commerce, praised Tanzania and the UAE's thriving commercial connections, which have reached $2.7 billion. He pointed out that Tanzania is a great place for investors because to its advantageous location and robust industrial sector. "A lot of industrialists and businesspeople are keen to investigate Tanzania's investment potential, especially in SEZs," Mr. Lootah stated. He continued by saying that the two countries' relations have been further reinforced by investments in Tanzania's port facilities and other areas.

Mr. Itembe emphasized Tanzania's membership in the African Continental Free Trade Area (AfCFTA), which permits goods made in Special Economic Zones (SEZs) to enter African markets duty-free and quota-free.

"The visit reflects the global recognition of Tanzania's economic potential," he said, urging the Dubai Chamber group to take advantage of these chances.

In order to boost the nation's industrial competitiveness and promote sustainable economic growth, EPZA expects the visit to draw sizable investments, especially from the Arab world.

Tanzania's resolve to becoming a regional and international economic powerhouse is further cemented by this involvement, which takes place at the same time as existing infrastructure projects, such as the Sh513 billion Chalinze-Dodoma power line.