THE MOST FROM THE COAST !

..


 Coastweek website


XINHUA NEWS SERVICE REPORTS FROM THE AFRICAN CONTINENT

 
Tanzania to promote agriculture as engine
for attaining middle-income goal 

DAR ES SALAAM, (Xinhua) -- A senior Tanzanian government official said on Monday plans are afoot to modernize and commercialize agriculture to enable the east African nation attain middle-income status by 2025.

“Ideally, the agricultural sector should grow at between 8 and 10 percent in order to move (the) majority of Tanzanians out of poverty,” said Director of Policy and Planning in the Ministry of Agriculture David Biswalo.

“This is why the government has put in place strategies to ensure the sector is commercialized, modernized and made profitable,” he said.

Biswalo told the start of consultative talks on Tanzania Agribusiness Mapping, held in Arusha city, agriculture has great potential for growth and comparative advantages when different parameters are factored in.

The agricultural sector plays a significant role in inflation control as more than 95 percent of food requirements in the country are obtained from locally produced crops.

The sector also provides 65 percent of industrial raw materials in the country and contributes about 30 percent of export earnings.

New strategies to stimulate the sector’s growth include the recently developed Tanzania Business Enabling Environment Support program, with the support of the World Bank Group, Biswalo said.

The program would focus on agri-business, specifically supporting investment generation and the fast growing horticulture value chain, he said.

           

Remember: you read it first at coastweek.com !


 

 

TO ADVERTISE ON THIS WEB SITE:  www.coastweek.com
Please contact

MOMBASA - GULSHAN JIVRAJ, Mobile: 0722 775164 Tel: (+254) (41) 2230130 /
Wireless: 020 3549187 e-mail: info@coastweek.com

NAIROBI - ANJUM H. ASODIA, Mobile: 0733 775446 Tel: (+254) (020) 3744459
e-mail: anjum@asodia.co.ke

 
    © Coastweek Newspapers Limited               Tel: (+254) (41) 2230130  |  Wireless: 020 3549187  |  E-mail: info@coastweek.com