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| Parasailing is just one of many tourism-related activities in Zanzibar, which is acclaimed for its beaches, deep-sea fishing, scuba diving, and dolphin watching. |
Zanzibar President Dr Hussein Mwinyi has held discussions with investors wooing them to the island to make Zanzibar a business hub on Eastern Africa’s Indian Ocean coast.
To pursue a Blue and private sector-led economy, President Mwinyi has created a Blue Economy and Fisheries Ministry to spearhead development.
Upon assuming the Island’s presidency on November 2, Dr Mwinyi had held a series of discussions with executives from various firms and business institutions, asking them to invest in Zanzibar.
The president held discussions with the Zanzibar National Chamber of Commerce on December 5 to chart his economic plans for the next five years.
He also held discussions with members of Zanzibar Association of Tourism Investors and Zanzibar Association of Tour Operators urging them to increase their investments and enjoy tax harmonisation programmes and supportive government.
Dr Mwinyi had earlier on met with the Resident Representative of the Aga Khan Development Network (AKDN) in Tanzania Amin Kurji on December 1 then asked the AKDN to increase its economic and social investments in the island.
Zanzibar Serena Hotel and the $2.4 million investment on the restoration of historical sites at Stone Town under the Aga Khan Trust for Culture are major tourist investments implemented by AKDN.
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