The government
needs to put in place strong institutions, relevant policy and laws to support
the industrialization drive championed by President, Dr John Pombe Joseph
Magufuli to foster social and economic development in the country.
The concept of
green industrial revolution could not be reached if the government will dilly
dallies to strengthening institutions and implementing governing laws to speed
up green industrial revolution in Dar es Salaam.
“The industrial
economy will be impossible unless we have put in place strong institutions,
supportive laws and relevant policies that create a conducive environment for
industrial investment,” says Dr Lucas Katera, a researcher from Policy Research
for Development, REPOA.
Dr Katera was
speaking at the special program called “Baragumu’ Hosted by the local TV
station Channel Ten on which the East African Business Week was invited, he
went on to say that the government needs to revamp its taxation system.
He noted that the
taxation system should more friendly that invite foreign direct investment as
well as local investors to continue investing in the industrial and
agricultural sector that also support the existing other sub sector across the
country.
Dr katera said that
the agricultural sector should be
considered as it always provide raw materials to the industries including
generating viable employment to majority of Tanzanians in the rural and remote
areas.
On his part another
researcher from REPOA, Jamal Msami said that the government should also invest
in education to ensure that the sector also contribute to the growth of the
industrial sector for producing more competent engineers and technicians from
the colleges and universities to support the President drive.
“We should now
adapt new industrial technology that will fuel the growth of our industrial
economy with the support of the friendly taxation system that will encourages
business and sound investment,” Researcher, Msami
He emphasized of
the importance of investing in education sector especially preparing young
Tanzanians from the secondary to university level to undertake sciences subjects
to become best and competent scientists and engineers to oversee the growth of
the industrial sector.
Researcher, Msami
underscored that the government should also look an alternative of empowering
its employees through the government income from skills development levy to
sponsor its employees for further studies.
“We should not allow
other technicians from outside to come and work in our industries while we have
our fellow Tanzanians that they have same skills relevant to those expertises
from outside,” he added.
He also explained further
that the education that the government other institutions should provide need
to quality with acceptable standard for them to fit in the existing labour
market demand.
Msami said the tax
laws should revamp to encourage and attract more investment while creating
enabling business environment for Tanzanians and foreigners as well as reducing
the cost of doing business in the country.
REPOA was formed in
1994 in Tanzania with the mandate to contribute to the alleviation of poverty
in its multiple dimensions through research and capacity building. Over time,
REPOA’s mandate has expanded beyond alleviating poverty to encompass growth and
socio-economic transformation for poverty reduction.
The experience from
implementation of the 2010 - 2014 strategic plan, the as well as recent
developments and concerns in national, regional and global economies have
informed the development of REPOA’s new five-year strategic plan for 2015-2019.
REPOA continues to
focus on socio-economic transformation for poverty reduction through inclusive
development.
Ends.
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