Signing of MoU with TCCIA
In a groundbreaking event that marks a new chapter in Tanzania’s industrial and economic growth, Kamaka Company Limited, the Project Developer with Turnkey Real Estate—authorized as the official marketing company for the Modern Industrial Park—has signed a Memorandum of Understanding (MoU) with the Tanzania Chamber of Commerce, Industry, and Agriculture (TCCIA). The MoU signing ceremony took place under the distinguished presence of the Deputy Prime Minister of the United Republic of Tanzania, Hon. Dr. Dotto Biteko, who served as the guest of honor.
A Strategic Partnership to Drive Economic Development
This partnership symbolizes a strategic alliance aimed at transforming the industrial landscape of Tanzania. Turnkey Real Estate, recognized for its expertise in marketing industrial properties, will collaborate with TCCIA to enhance the visibility, functionality, and overall value proposition of the Modern Industrial Park. This facility is poised to be a hub for industrial innovation and a key contributor to Tanzania’s aspirations of becoming a middle-income industrial economy.
TCCIA, with its expansive network of businesses, industries, and agricultural stakeholders, will play a pivotal role in connecting potential investors and businesses to the Modern Industrial Park. This collaboration is expected to attract both local and international investors, boost the country’s export capacity, and generate employment opportunities.
Deputy Prime Minister Dr. Dotto Biteko: A Visionary Address
Speaking during the ceremony, Deputy Prime Minister Dr. Dotto Biteko emphasized the importance of public-private partnerships in accelerating Tanzania’s industrialization agenda.
“This MoU represents a bold step towards unlocking the potential of our industrial sector. It is through partnerships like these that we can foster sustainable development, create jobs, and enhance our competitiveness on the global stage,” he said.
Dr. Biteko’s presence underscored the government’s commitment to supporting initiatives that align with the national development agenda.
Key Highlights of the MoU
The MoU establishes a framework for collaboration between Turnkey Real Estate and TCCIA, focusing on:
- Marketing and Promotion: Joint efforts to market the Modern Industrial Park to both local and international investors.
- Capacity Building: Organizing seminars, workshops, and training for businesses and industries to maximize the potential of the park.
- Policy Advocacy: Advocating for policies that support industrial growth and ease of doing business.
- Sustainability Practices: Encouraging green industrial practices and infrastructure development within the park.
A Bright Future Ahead
The signing of this MoU is a testament to Tanzania’s unwavering commitment to industrial and economic transformation. The collaboration between Turnkey Real Estate and TCCIA is expected to yield tangible results that will not only enhance the Modern Industrial Park’s standing but also significantly contribute to the national economy.
As Tanzania positions itself as an industrial hub in East Africa, partnerships like these are key to unlocking the country’s potential. The entire nation eagerly anticipates the fruits of this collaboration, which will undoubtedly pave the way for a brighter and more prosperous future.
Stay tuned as we continue to share updates on the progress of this exciting venture!
Share your thoughts: How do you see this partnership shaping Tanzania’s industrial future? Let us know in the comments below!
