DAR ES SALAAM, May 23 (Xinhua) -- Tanzania is set to host the Mining and Investment Forum 2023 in the port city of Dar es Salaam from Oct. 25-26, an official announced Tuesday.
"Tanzania is the gateway to east Africa's critical minerals investment opportunity," Doto Biteko, the minister for Minerals, told a news conference in Dar es Salaam, the economic hub of Tanzania.
He said this year's forum will have a strong focus on global mining investments, including new projects and partnerships, technologies, regulations, and financing. And the country's favorable investment climate, coupled with its abundance of natural resources, makes it an attractive destination for investment.
The official highlighted the unparalleled opportunities Tanzania has to offer in its mining sector.
"We look forward to making groundbreaking announcements, hosting bilateral and investor meetings, showcasing project development opportunities, and working with our national and global partners to unlock the full potential of Tanzania's mining sector," said Biteko.
A statement issued after the press conference said Tanzania is rich in critical mineral deposits, which are essential components in the manufacturing of electric vehicles, renewable energy infrastructure, and other clean technologies. It also said that the Tanzanian government has established a framework to promote responsible and sustainable mining practices, including the implementation of environmental and social safeguards, as well as the establishment of a regulatory framework to ensure compliance with international best practices. ■