This must be a joke21 Sep 2018 08:26
As Tanzania’s industrialization agenda unfolds…
In Tanzania’s case, the biggest challenge is that of poor or lack of economic infrastructure.
Briefly put, ‘economic infrastructure’ describes all the internal facilities that make a country’s business activities possible, functional. These include – but aren’t limited to – communication/telecommunication systems; transportation; distribution/logistics networks; financial/credit institutions, reliable markets, energy and water supply systems…
These are high-cost investments that are nonetheless vital to a country’s socio-economic development and, therefore, all-inclusive prosperity.
Apart from appropriate economic infrastructure, meaningful, sustainable industrialization also calls for a functional ‘administrative infrastructure’ – if you like!
Arguably, the most important of these is a business climate that’s seen to be friendly to investors and investments.
This includes, for example, avoiding multiple taxes whose rates are inordinately high; embracing speedy clearance of applications for visas, work permits and business licences; security of investments through such factors as political stability, certainty and sustainability of regulatory frameworks, win-win situational equations, impartial arbitration mechanisms.
For economic infrastructure, the government cannot go it alone, and should seek participation of development partners – both multilateral and bilateral, including Public/Private Partnerships (P/PPs)…
https://www.google.co.uk/amp/www.thecitizen.co.tz/News/As-Tanzania-s-industrialization-agenda-unfolds-/1840340-4770188-view-asAMP-10n8sgj/index.html
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