Tanzanian President, Jakaya Kikwete, has pledged commitment to strengthening the good relationship between Zambia and Tanzania which was founded by the first Zambian President, Dr Kenneth Kaunda and the late President of Tanzania, Julius Nyerere.
Mr Kikwete said his country will remain committed to ensuring that the investments in Zambia’s Tazara railway line, Tazama Oil Pipe line and the Zambia Tanzania high way were enhanced.[quote]
He said this at the official opening of the Zambia International Trade Fair (ZITF) in Ndola yesterday.
Mr.Kikwete said infrastructure development was key to economic development in the two sister republics because it could reduce the high costs of production, transportation, transaction and value-addition to goods and services.
He acknowledged that a poor transport system was a barrier to efficient flow of business trade in goods and services between the two countries.
Mr Kikwete called for unwavering support for the North/South Corridor initiative because of the abundant benefits that would accrue to the participating countries.
He said once infrastructure was developed in the North/South corridor, it would add value to the volume of trade in goods and services being handled in the corridor trade area.
Mr Kikwete said there were issues needed to be resolved in the areas of Nakonde and Dar-es-Salaam port which should enhance the warm relations of the two sister countries.
The Tanzanian Head of State said there was also need to enhance trade between the two countries because currently trade was US $20 million which was too low going by official statistics although there was a lot of trade captured by official figures.
Mr Kikwete also called for enhanced visits and meetings between Zambia the chamber of commerce of his country with their Zambian counterparts in order to exchange ideas and innovations in doing business.
Mr Kikwete called on Zambians to take interest and participate in the trade fairs in Dar-es-salaam in his country.
And Zambia’s Commerce Minister, Felix Mutati, pledged commitment to ensure that innovation, creativity and enterprise were used as survival keys for business to overcome the negative effects of the global economic meltdown.
Mr Mutati said government would focus its infrastructure development priorities on Kasumbalesa border, the Kitwe/Chingola road and the Ndola International Stadium in the next twelve months.
And Zambia Trade Fair Board Chairman, Phesto Musonda, said trade fairs were an opportunity to showcase trade opportunities that existed in participating countries.
Mr Musonda said it was time to build business relationships and learn from what others were doing and share innovations.
He observed that transport and communications sectors were key to any sustainable development to any given economy.
Mr Musonda said Zambia could not be handling 21st Century challenges with infrastructure that was built to handle 20th century problems.
He added that investment in hydro-power stations for the country was also a challenge that needed serious consideration because of the volume of increased demand following economic development in the country in the recent years.
The ZITF chairman called for enhanced private public partnerships in handling such huge developmental projects which he said government cannot do alone.
Mr Musonda observed that rail transport was one huge potential which would bring good economic benefits to the countries involved because it was environmentally friendly while fuel consumption was economical
ZANIS