THE government on Thursday signed a Memorandum of Understanding (MoU) with a Singapore-registered company to design Africa’s largest carbon offset project t .
Ministry sets forests, wildlife leasing rules
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Ministry sets forests, wildlife leasing rules
NATURAL Resources and Tourism Minister Dr Damas Ndumbaro yesterday signed new investment regulations aimed at promoting strategic investors in the country’s conservation areas.
Addressing a press conference, Dr Ndumbaro said that this move opens door for large investors from inside and outside Tanzania to take up offers in wildlife conservation and thus improve the sector.
This initiative will also help increase the number of tourists to five million and enhance tax collections to 6bn/- targeted by 2025, he said, noting that investors are invited to take up offers in game reserves, open wildlife areas and forest reserves for 25 years.
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