Tanzania is expanding its economic horizons by venturing into the production of electrical equipment. This strategic move aims to not only enhance domestic economic activities but also to cater to both the African and international markets.
The country aspires to position itself as the premier destination for all electrical equipment needs across the African continent.
- Tanzania diversifies its economy with electrical equipment manufacturing.
- Multi Cable Limited (MCL) is already taking the lead with this initiative.
- Minister lauds job creation and quality products.
A recent report from a Tanzanian newspaper highlighted this progressive step. Multi Cable Limited (MCL), an electricity equipment manufacturing plant, welcomed a visit from Dr. Ashatu Kijaji, Tanzania’s Minister of Industry and Trade.
The Minister expressed her admiration for the plant’s diverse portfolio, encompassing transformers, meters, and cables.
Commending MCL, she acknowledged the company’s pivotal role in supplying cables to two major electricity providers in the country—Tanzania Electric Supply Company (Tanesco) and the Rural Electrification Agency (REA).
This development reflects Tanzania’s commitment to becoming a key player in the electrical equipment sector, contributing not only to the national economy but also making strides in serving broader markets.
“Our presence in regional markets like the East African Community (EAC) and South African Development Community (SADC), ensures ready buyers for our product,” Dr. Ashatu Kijaji said.
The Minister noted that such an initiative is very vital in driving the employment of locals and empowering indigenous entrepreneurs. She noted that at least 1000 jobs have already been created by this industry, applauding the MCL and urging it to create more job opportunities via the expansion of its operations.
The Minister also mentioned that these local players have an advantage of competing in their space via the Africa Continental Free Trade Area (AfCFTA).
“The quality of products made here, certified by Tanzania’s Bureau of Standards make them competitive in AfCFTA,” the minister said.
She relayed the government’s commitment to seeing to the growth of this promising sector, by creating market access for local manufacturers.