Dodoma - Zanzibar's Second Vice-President, Mr. Hemed Suleiman Abdulla, has announced substantial advancements in the blue economy and investment sectors over the past four years, showcasing transformative initiatives that are driving economic growth and empowering citizens across the islands.

Presenting the achievements of the Chama Cha Mapinduzi (CCM) 2020/2025 Election Manifesto, Mr. Abdulla highlighted the government's commitment to harnessing ocean resources through key infrastructure projects.

Key Achievements

Fisheries Development:

Completion of the Malindi Fish Market and Jetty, a $14 million state-of-the-art facility.
Renovation of Nungwi and Tumbe Fish Markets to enhance trade and improve fisherfolk livelihoods.
Inauguration of a seaweed processing factory in Chamanangwe, Pemba, with an annual capacity of 30,000 tonnes, creating 25,000 formal and 66,000 informal jobs.
Construction of a fish feed factory in Kama, Unguja, to address feed accessibility challenges.
Distribution of 1,077 boats equipped with modern tools to seaweed farmers and fishers, resulting in a 94% growth in seaweed production and a doubling of fish production.

Investment Growth:

15 out of 21 identified islets have attracted investors, leading to 16 projects worth $377.5 million.
Launch of 424 projects valued at $5.9 billion, creating over 22,382 formal and 100,000 informal jobs.
41 five-star hotel projects valued at $857.7 million are under development, set to generate 2,560 jobs.
Establishment of logistics parks in the Abeid Amani Karume International Airport Free Economic Zone with the construction of 20 warehouses.

Economic Empowerment:

Construction of major markets at Mwanakwerekwe, Jumbi, and Chuini to support traders.
Establishment of over 14 entrepreneurial centers to foster innovation and small businesses.
Allocation of 34 billion shillings in interest-free loans, benefiting over 24,000 citizens and creating 75,000 new jobs.

Conclusion:

Vice-President Abdulla emphasized that these initiatives, driven by the blue economy and a robust investment strategy, reflect Zanzibar's commitment to sustainable growth and its positioning as a model for economic development in the East African region.

[ⓒ Global Economic Times. 무단전재-재배포 금지]