TANZANIAN BUSINESSES URGED TO EXPOIT OPPORTUNITIES IN CONSTRUCTION OF OIL PIPELINE

DAR-ES-SALAAM-- The Tanzanian government has encouraged the business community in the country to identify and take advantage of the potential opportunities in the construction of the 1,400-kilometre Tanzania-Uganda crude oil pipeline project value chains.

Minister of State in the Prime Minister's Office for Policy, Parliament, Employment, Youth and Peoples with Disability Jenista Mhagama made the call when opening a one-day workshop on how best Tanzanians can participate economically in the project held here over the weekend.

This project will offer an unrivalled opportunity to establish and formalise business relationships with key decision makers in other sectors, set out localisation plans and collaboratively formulate a strategy for supply chain development to meet local content goals, she said.

The workshop was organized by the National Economic Empowerment Council (NEEC) in collaboration with various stakeholders to bring together business people, investors and private firms to explore potential opportunities in the project which is being built to deliver crude oil from oil fields in southern Uganda to the port of Tanga in northeastern Tanzania.

She said the project would take two up to three years and pass through 184 villages, 24 districts and eight regions (provinces) of Tanzania -- Kagera, Tabora, Shinyanga, Geita, Dodoma, Singida, Manyara and Tanga.

Mhagama stressed the need for the NEEC and the Energy Water Utilities Regulatory Authority (EWURA) to create awareness among Tanzanians interested in participating in the project value chains.

The construction of the crude oil pipeline project is expected to generate 10,000 jobs during the construction phase and 1,000 jobs during its operations and implementations.

Source: NAM NEWS NETWORK