HUB FACT SHEETS, INFOGRAPHICS & SUCCESS STORIES Trade & Investment News Read Our Blog Newsletters

EAC member states advised to focus on cross-border investments

Published on November 03, 2016

East African Business Council has called on Tanzania and other EAC countries to focus on cross border investments for better and quick businesses development and promotion of integration.

The Chairman the Council, Mr Felix Mosha, made the call yesterday in Dar es Salaam when opening a tentative programme for Public Private Dialogue on the Tanzania Private Sector involvement and contribution to the implementation of the EAC Common Market Protocol (CMP).

Mr Mosha said that focusing on cross borders investments was vital in the EAC common market development as it would help gather sources familiar to the EAC economic. “Tanzania and East Africa should collectively direct their focus towards cross border investments, which have so far made Kenya the third or fourth largest FDI investor in Tanzania,” he said. Read more. Source | Daily News