The government has recognized Taifa Gas Tanzania Limited as a strategic investor in the country and awarded it a strategic investor status.
In a signing ceremony that was attended by the Deputy Minister for investment, Trade and Industry Hon. Exaud Kigahe, Taifa Gas Tanzania Limited Managing Director Hamisi Ramadhani appreciated the government’s commitment towards supporting investments in Tanzania.
“Indeed, as a strategic investor, the incentives offered, will go a long way in supporting our investments in the country thus supporting the country’s development agenda”. Said Mr. Ramadhani. He also thanked the Tanzania Investment Centre for the cooperation and support for the company.
Mr. Ramadhani noted that Taifa Gas, which is among the leading suppliers and distributors of LPG in Tanzania with the largest storage depot and distribution networks across the country, will continue to cooperate with the government and support the country’s economic development.
The National Investment Steering Committee, the –
Taifa Gas Tanzania Limited MD Hamisi Ramadhani signs the performance contract in Dodoma. With him is Tanzania Investment Executive Director Maduhu Kazi, Taifa Gas Finance Manager Amanullah Khan, and TIC officials.
body responsible for assessing and approving requests for the investor status gave a green light to Taifa Gas and three other companies to be awarded the status, which gives them the privilege to enjoy over and above normal fiscal and non-fiscal incentives, aimed at supporting investments in the country.
Speaking during the signing ceremony the Deputy Minister for Investment, Trade and Industry Hon. Dr. Exaud Kigahe said the signing of these contracts signaled the government’s commitment to continued facilitating of investors in Tanzania.
Kigahe pointed out that the government will continue to improve the Investment climate to ensure efficient service delivery.
“ I call on all institutions that provide services to investors in the country to work together with TIC to ensure speedy facilitation of services” Said Dr. Kigahe.