Streamlining investment procedures and offering incentives are essential to attract investors, Arusha Regional Commissioner Isidore Shirima says. He told a one-day seminar for District Business Councils (DCBs) in the region that bureaucracy was an obstacle to investment.
He urged government officials in the region to change their mindset and regard investors as partners in development.
“Investors expect to get cooperation from you. But unfortunately, some of them have been frustrated by bureaucracy and resort to invest elsewhere," he said.
The seminar was organised by Tanzania National Business Council (TNBC) and brought together district executive directors, councillors, ward executives and village development officers in the region.
“We need to regard investors as friends of the nation instead of frustrating them. If you help them to start their businesses in time, we will also be able to start collecting taxes in time,"he said.
TNBC executive secretary Dunstan Mrutu advised district authorities in the region to set aside land for economic activities