Zanzibar woos investors, Mwinyi eyes blue billions

Zanzibar's president, Hussein Ali Mwinyi, told a Commonwealth Enterprise and Investment Council delegation that the islands are hunting for more business partners, especially in blue economy and tourism projects. These two sectors pull in about 30 percent of the GDP, and Mwinyi thinks there's still tons of room for outside money to flow in.

The president hyped up the Mangapwani Integrated Port as a prime spot with opportunities in shipping, oil and gas, and general trade. Lord Swire, who chairs the council, said his group is down to work with Zanzibar on economic development stuff.

The government wants to keep building up investment infrastructure to make the place more attractive for international business deals.
 

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