SUMBAWANGA: THE Tanzanian investor who benefits from investment incentives provided by the Tanzania Investment and Special Economic Zones Authority (TISEZA) has invested in a 30bn/- in Rukwa region for bottled water and soft drinks plant.
Through his Dew Drop Drinks company Limited located, the plant operates in Sumbawanga, Rukwa region.
Speaking during a visit to the national campaign to encourage domestic investment in the region, the company’s Director, Aziz Mohamed Soud, said he established the factory after registering with TISEZA and being issued an investment certificate that enabled him to benefit from various investment incentives.
He explained that among the incentives he received was a 75 per cent exemption on customs duties when importing vehicles, machinery, and various equipment used in production.
He said the relief enabled him to reduce initial investment costs and expedite the implementation of his project.
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Currently, the factory has the capacity to produce 30,000 bottles of drinking water per hour and has employed 260 Tanzanians, a move that contributes to employment and economic growth in the Rukwa region and the nation as a whole.
For his part, the Southern Highlands Regional Manager of TISEZA, Fidelis Obanga, has called on the people of Rukwa and Tanzanians in general to seize the investment opportunities available in the country by obtaining information and advice from TISEZA.
He has emphasized that the authority is ready to provide professional guidance to investors who want to start or expand their projects so that they can benefit from the incentives offered by the government.
In addition, he has invited businessmen, large and medium-sized entrepreneurs in Rukwa region to attend an investment seminar to be held tomorrow at the Regional Commissioner’s Office, in parallel with the launch of the Investment Desk that will bring investment services closer to the people of the region.
