The President of the Republic of Tanzania visits the New Administrative Capital

Ms. Samia Hassan, President of the United Republic of Tanzania, visited the New Capital Administrative Projects and, during the visit, the President of Tanzania was accompanied by Ambassador Noble Makram, Minister of State for Immigration and Egyptians Abroad.

The President of Tanzania welcomed the fact that Egyptian investors were exploring further investment opportunities in agriculture, livestock, industry, energy, mining, transport and education, stressing that her Government would provide all possible facilities to the Egyptian business community willing to invest in her country.

Tanzania is one of the largest economies of the East African Group. The Tanzanian Government is attracting more foreign direct investment in various economic sectors, primarily agriculture, livestock and fisheries, industry, mining and tourism.

In this sense, investment relations are one of the main pillars of economic relations between the two countries. Many Egyptian companies operate in many economic and development fields in Tanzania. One of the most important investment projects is the construction and construction of the Julius Nyerere Dam, through the cooperation of the Arab Contractors Company and the Swedish Electric Company.