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Zanzibar Government Urges Private Sector Collaboration for Economic Growth
Photo: The Citizen
2026-05-31 17:31   Economy   11

Zanzibar Government Urges Private Sector Collaboration for Economic Growth

Zanzibar’s Second Vice President, Hemed Suleiman Abdulla, emphasised da importance of strong cooperation between government, private sector, and partners to achieve sustainable development.

Speaking in Fumba after a five-kilometre charity walk organised by the Zanzibar Investment Promotion Authority (ZIPA), he said da government is fully committed to creating a friendly environment for investments that can generate jobs and improve citizens’ welfare.The upcoming Zanzibar Investment Summit 2026, set for June 3-5, is expected to attract over 500 investors from different countries.

The summit will give investors a chance to see key projects, explore tourism, infrastructure, blue economy, technology, and social services opportunities.Also, da event will engage diaspora communities in investments through skills, capital, and partnerships.

Other highlights include investment masterclasses focusing on emerging markets, risk management, and high-return sectors such as agriculture, trade, manufacturing, transport, and logistics.

Local leaders, including Minister for Labour and Investment Sharrif Ali Sharrif and ZIPA Executive Director Saad Saleh Mohamed, confirmed preparations are complete.

The Fumba master plan is part of a twin-city model alongside Stone Town, while projects like da new city and AFCON stadium are seen as historic milestones for Zanzibar and East Africa.Citizens were encouraged to continue supporting social and development initiatives that promote unity and growth.

Full reading at The Citizen

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