Tanzania to Receive a batch of 120 Tourists, Investors from Hong Kong

A DELEGATION of 120 tourists and investors from Hong Kong, China is expected to visit the country on Sunday, a senior official revealed on Tuesday.

Tanzania Tourist Board (TTB) Managing Director, Devota Mdachi revealed this when speaking at the just-ended one day Zhejiang-Tanzania Trade and Investment Forum that involved 25 businesspersons from Zhejiang province and Tanzanian businessmen.

The delegation will be in Tanzania following the roadshows that were conducted by TTB and other stakeholders in November last year in Hong Kong, Beijing, Shanghai, Guangzhou and Shanghai to market destination Tanzania and investment opportunities available in the country.

While in Tanzania, the delegation will visit Ngorongoro crater, Serengeti national park, and other tourist’s attractions before participating in the business meeting in the country’s northern safari capital of Arusha.

The Arusha business meeting has been organized by TTB, Tanzania Private Sector Foundation (TPSF) and Tanzania Investment Centre (TIC).

“The idea is to help Hong Kong delegation see business and investment opportunities available in Tanzania that will attract them to make the decision to invest in Tanzania,” the TTB official said.

“As TTB we are happy for this delegation because our trip that was conducted in November last year in Hong Kong was very successful as it has brought about positive results to us because right now we have begun to get tourists from Hong Kong,” she noted.

While in Hong Kong, the TTB delegation which also included ATCL officials met 80 tour operators, media representatives and other groups of interest and discussed how they can collaborate to promote destination Tanzania and bring tourists from Hong Kong to Tanzania.

Mdachi said: “The Chinese tourists who visited the country in November were very impressed to see the massive tourist attractions that we have on offer including world heritage sites, cultural tourism assets, and beautiful sandy beaches.”

Speaking with Zhejiang businessperson who was attending the Zhejiang-Tanzania Trade and Investment Forum, the TPSF Executive Director, Godfrey Simbeye invited more Zhejiang people to invest in Tanzania in the tourism sector and other sectors to strengthen business links between Tanzania and Zhejiang province.

According to UNCTAD 2018, World Investment report, in 2017 the FDI inflow reached USD 1.18 billion that is equal to 2.3 percent of DGP,  making it among the 10 biggest recipients of FDI in Africa. The current FDI stock is estimated at USD 20.3billiion that is equal to 39% of GDP.