The agreements were reached between the two governments and between private sectors from Tanzania and the UAE, in an event graced by the Tanzanian President Samia Suluhu Hassan.
Among key sectors which will benefit from investments are energy, agriculture, tourism, infrastructure, transportation, textiles, ICT, construction.
Twelve MoU's were signed between the Tanzanian government and investors, while 23 MoU's were signed between Tanzanian companies and various investors seeking joint ventures or collaboration in various sectors in the economy.
Similarly, one MoU was signed between Zanzibar's Ministry of Trade and Industrial Development and potential investors in the tourism industry, specifically in the area of conference tourism.
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