Tanzania is seeking to attract more foreign investment into its livestock and fisheries sectors, with the government inviting Italian companies to partner in modernising production, processing and value addition through public-private partnerships.
Minister for Livestock and Fisheries, Ambassador Dr Bashiru Ally Kakurwa, held talks with representatives of Italian firms ITARE and MULMIX at the ministry's offices in Kambarage Tower, Dodoma, to explore investment opportunities and strengthen bilateral business cooperation.
The meeting comes as the government intensifies efforts to mobilise private capital to unlock the economic potential of the livestock and blue economy sectors, which are considered key contributors to employment, food security and export growth.
Dr Bashiru assured the delegation that Tanzania offers a favourable investment climate and that the government remains committed to working with local and international investors through Public-Private Partnership (PPP) arrangements.
"We are ready to cooperate with the private sector in expanding investment and business opportunities in the livestock and fisheries sectors," he said.
The minister identified several priority areas requiring investment, including livestock breeding improvement, animal and fish feed production, the poultry industry, dairy production and processing technologies, aquaculture development, and modern infrastructure to support production and value addition.
Italian company ITARE specialises in project and trade finance advisory, with extensive experience in supporting business development across emerging markets, particularly in sub-Saharan Africa. MULMIX, meanwhile, manufactures and installs grain storage silos and agricultural processing systems that support efficient food and feed value chains.
The discussions reflected growing international interest in Tanzania's agriculture-related industries, where the government is encouraging technology transfer, industrial investment and partnerships that can improve productivity while creating jobs and expanding market opportunities.
If realised, the proposed investments are expected to strengthen livestock and fisheries value chains, boost local processing capacity and support Tanzania's broader agenda of increasing agricultural productivity and export competitiveness.
