Dar es Salaam-President Samia Suluhu Hassan told the government agency dealing with investment issues yesterday that bureaucracy has no place in her government.

She also called on the leaders responsible for the issue to stop showing contempt for Tanzanians who are interested in investment. She said this made the latter reluctant to invest in her own country.

She went on to say that the responsible authorities should be aware that Tanzania needs more investors than they need Tanzania. She made the above remarks at the inauguration ceremony of Raddy Fiber Manufacturing in the Mkuranga district of the coastal region. The company started construction in January 2019 and is the only fiber manufacturer in East and Central Africa.

President Hassan stated that the focus of her government is to do everything possible to attract more investors for the benefit of the country's economy. President Hassan said: “Delaying investors will delay youth employment, taxation and weaken the economy, because some of the funds come from bank loans and they will have to repay.”

"Our bureaucracy is unbearable, so we must change our thinking and actions," the country's commander-in-chief insisted.

She said that Ramadhan Mlanzi, the owner of the startup factory, had his idea since 2015, but did not open the factory until 2021-noting that he encountered challenges and delays in the process.

"If they listened to him early, the opening of this factory might have happened five years ago, and we have started a business long ago to make Tanzania famous for producing these products in Africa and the world," she said.

She said that many Tanzanians have been to different places and are now determined, organized and want to return to their country to invest. "These groups should be welcomed and get the necessary support," she asked.

She took this opportunity to urge Mr. Mranzi to complete his plan and start the second phase of the construction of a smartphone connection factory in July 2022 to enable mobile phones to be produced in the country.

For his part, Mr. Mlanzi stated that when the factory is 100% complete, it will be able to employ more than 600 employees, and pointed out that the factory’s goal is to produce bulk fiber optic cables for use in the domestic market for efficient and growing areas of communication. market.

He said that the plant has the capacity to produce 24,000 kilometers of cables per year, which is equivalent to 2,000 kilometers per month.

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“This project cost 22 billion shillings. At the initial stage, we provided jobs and will reach more than 600 after completion,” Mr. Mlanzi said.

Kundo Matthews, Deputy Minister of Information, Communication and Technology, said that with the establishment of the factory, Tanzania's dream of becoming an information and communication technology center is becoming a reality.

"We will reduce the cost of imported raw materials, especially during the Covid-19 period. We are faced with the challenge of stopping many projects due to dependence on imported raw materials..." Mr. Kundo said.

When commenting on Mr. Mlanzi, Investment Minister Mr. Geofrey Mwambe said: “I helped him stand up in this project. As a local investor, Mlanzi is a role model for Tanzanians to learn from,” he said.

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