A high-ranking Tanzanian official visited General Santos City to explore potential partnership with Filipino companies to invest in and develop the deep sea fishing industry, the Department of Foreign Affairs (DFA) said Wednesday.
High Commission of Tanzania Consul General Ebenezer Sayore went to Gensan on April 20 to 21 and discussed the possible cooperation with the local government and major fishing industry players in the city.
“Tanzania eyes possible government-to-government partnership with General Santos City and collaboration with private companies aimed at harnessing the untapped potential of the country’s rich fishing grounds,” DFA Assistant Secretary for Middle East and African Affairs Hjayceelyn Quintana.
The Foreign official said Sayore highlighted that Tanzania offers vast opportunities as the country boasts abundant natural and manpower resources, enjoys political stability and grants an attractive tax incentive package to potential investors and partners.
Quintana said the proposal generated interest from the Gensan business community who also gave briefings on their company profiles and shared the Philippine experience in expanding its tuna canning industry overseas, such as in Papua New Guinea (PNG) and Indonesia.
The local businessmen advised that Tanzania considers adopting the same model.
The meeting was organized by the SOCCSKSARGEN Federation of Fishing and Allied Industries, Inc. (SFFAII).
The Philippines and Tanzania formally established diplomatic relations on Dec. 15, 1961.