PM: Investors coming to TZ must obey laws

Prime Minister Kassim Majaliwa

What you need to know:

  • Shipbuilding company shows interest of coming to Tanzania
  • Ambassador Shelukindo to press on marketing the country

Dar es Salaam. Prime Minister Kassim Majaliwa has called on all investors who wish to invest in various projects in the country to abide by laws, rules and regulations.

The Premier made the call in Paris, France on Tuesday August 29, during talks with Mr Michael Perrin, a trade promotion Vice President for Piriou, a French-based shipbuilding company.

A statement circulated by Prime Minister’s Office in Dar es Salaam quoted Mr Majaliwa as saying that the French company had shown interests to invest in shipbuilding sub sector in the country.

“Tanzania is a good place for investment due to availability of abundant opportunities and friendly environment,” noted Mr Majaliwa.

Mr Perrin expressed his confidence in Tanzania saying the country has good investment climate, banking his hopes on political stability and assured market from within Tanzania and the region.

“I am optimistic investing in Tanzania means a lot in line with profit making. I pledge to cooperate with the government and adhere to laws, rules and procedures,” said Mr Perrin.

He also commended the Tanzanian Ambassador in France, Mr Samwel Shelukindo, for his cooperation in matters related to investment opportunities in Tanzania.  

Ambassador Shelukindo, on the other side, vowed to continue marketing the country’s investment opportunities.