Tanzania to host mining and investment forum in October

Xinhua
24 May 2023, 02:44 GMT+10

DAR ES SALAAM, May 23 (Xinhua) -- Tanzania is set to host the Mining and Investment Forum 2023 in the port city of Dar es Salaam from Oct. 25-26, an official announced Tuesday.

"Tanzania is the gateway to east Africa's critical minerals investment opportunity," Doto Biteko, the minister for Minerals, told a news conference in Dar es Salaam, the economic hub of Tanzania.

He said this year's forum will have a strong focus on global mining investments, including new projects and partnerships, technologies, regulations, and financing. And the country's favorable investment climate, coupled with its abundance of natural resources, makes it an attractive destination for investment.

The official highlighted the unparalleled opportunities Tanzania has to offer in its mining sector.

"We look forward to making groundbreaking announcements, hosting bilateral and investor meetings, showcasing project development opportunities, and working with our national and global partners to unlock the full potential of Tanzania's mining sector," said Biteko.

A statement issued after the press conference said Tanzania is rich in critical mineral deposits, which are essential components in the manufacturing of electric vehicles, renewable energy infrastructure, and other clean technologies. It also said that the Tanzanian government has established a framework to promote responsible and sustainable mining practices, including the implementation of environmental and social safeguards, as well as the establishment of a regulatory framework to ensure compliance with international best practices.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.

More Information

31 ℃

Mostly Cloudy in Seletar

Computers

Section

Apple sets record as valuation nears $3 trillion

NEW YORK CITY, New York: Before the start of its annual Worldwide Developers Conference this week, Apple shares hit a ...

After Canadian threats, Facebook, Instagram block some news

MENLO PARK, California: Facebook parent Meta has said that under a trial that could last through the end of June, ...

As home to tech companies, Ireland must be 'hub' for AI, says Coveney

DUBLIN, Ireland: To retain thousands of high-tech jobs in future years, Ireland must become a "global hub" for artificial intelligence, ...

US Pentagon to pay SpaceX Starlink to provide internet for Ukraine

WASHINGTON D.C.: The Pentagon said this week that the satellite communications service started by billionaire Elon Musk, SpaceX's Starlink, has ...

SBM Bank India Launches World Elite Metal Debit Card - An On-request Gateway to a World of Luxury for the Uber-affluent Indian

NewsVoirMumbai (Maharashtra) [India], June 9: SBM Bank India today unlocked exclusive, on-invitation access to the world of luxury with the ...

Bird ExecuJet Airport Services named as sole General Aviation Facility (GAF) for Air Expo India 2023

GLOBAL PR CONNECT (GPRC)New Delhi [India], June 9: Bird ExecuJet Airport Services Private Limited was named the sole General Aviation ...

Internet

Section