Tanzania woos Indian investors

Kigoma, a province of Tanzania, has allotted 1.20 lakh hectares of fertile land to City Energy and Infrastructure Company of Bagalkot to grow sugar cane and set up a sugar industry.

Addressing a press meet here on Friday, Issa’s Machibya, the Regional Commissioner of Kigoma, said the people of his province were totally dependent on agriculture but had no knowledge of scientific methods in farming. 

“We are also confronted with lack of investment. Hence we are providing investment opportunities to entrepreneurs from India. Our government will provide the land required,” he said.

He said a study had been conducted on the working of sugar factories, the condition of sugar cane growers, the financial facilities available etc, and farmers in Kigoma will be suggested to follow the system.

Narendra Modi or Rahul Gandhi? Who will win the battle royale of the Lok Sabha Elections 2019


Get real-time news updates, views and analysis on Lok Sabha Elections 2019 on Deccanherald.com/news/lok-sabha-elections-2019 


Like us on Facebook or follow us on Twitter and Instagram with #DHPoliticalTheatre for live updates on the Indian general elections 2019.

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry