Tabora seeks mining investors to unlock economic potential

 

By The Respondents Reporter

The government has called on local and foreign investors to tap into the vast mining opportunities available in Tabora Region, saying increased investment in the sector could accelerate economic growth, create jobs and raise incomes for local communities.

Speaking in Tabora, Regional Resident Mines Officer Fatuma Kyando said the region is among Tanzania’s most mineral-rich areas, endowed with gold, gemstones, iron, limestone and other commercially valuable minerals that remain largely underutilised.

She said the region offers broad investment opportunities across the mining value chain, including exploration, extraction, mineral processing and value addition.

Kyando noted that the government is continuing to improve the investment climate in a bid to attract more capital into the sector, while ensuring that investors comply with the country’s mining laws, regulations and guidelines.

“Responsible investment in the mining sector will enable both citizens and the nation to benefit more from these natural resources,” she said.

She encouraged investors to explore opportunities in mineral exploration, processing, marketing and value-addition activities, saying the sector still has significant untapped potential.

According to Kyando, Tabora continues to face a shortage of modern mining and mineral processing equipment, revealing that the region currently has only four privately owned processing plants, a situation she said does not adequately meet the needs of existing miners.

She urged investors to introduce modern technologies that would improve productivity, strengthen safety standards in mines and increase revenues for miners and the government.

Kyando further said value addition presents one of the biggest opportunities for investors, particularly in the processing of stones into tiles, aggregates, paving blocks and other construction materials.

She explained that such investments would support the growth of local industries while increasing the value of minerals before they reach the market.

The mining official also pointed out that several mineral-rich areas in Tabora have not yet undergone detailed geological surveys, creating opportunities for investment in mineral exploration and research to identify new mining zones.

In addition, she stressed the need for a modern mineral testing laboratory within the region to reduce the costs and time currently incurred by miners seeking such services outside Tabora.

Kyando concluded by urging companies and private investors to take advantage of business and service opportunities linked to the mining sector, saying increased investment would strengthen Tabora’s economy and enhance the mining sector’s contribution to national development.

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