Singapore investors seek bigger footprint in Tanzania
DAR ES SALAAM, June 10 -- Fifteen Singaporean companies have landed in the country, marking a coordinated push to turn decades of strong diplomatic ties into major trade and investment deals across the country and the wider East African Community market.
Speaking at the Tanzania-Singapore Business Forum in Dar es Salaam on Tuesday, Singapore Business Federation (SBF) Vice Chairman Mark Lee said the main goal is to convert longstanding diplomatic relations into meaningful commercial partnerships that deliver mutual economic benefits.
“Our goal is to turn good political relations into real business outcomes that create value for both countries,” he said.
Mr Lee noted that since 1997, Singapore has implemented 36 investment pr...
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