China emerges as leading source of foreign investment in Tanzania, officials

People attend the China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in Dar es Salaam, Tanzania, on March 27, 2024. [Xinhua]

China has emerged as a leading source of foreign direct investment (FDI) in Tanzania, significantly contributing to the country's development, officials said Wednesday.

The remarks were made at the closing session of a one-day China-Tanzania Investment Forum and China (Jinhua)-Tanzania Trade and Investment Promotion Conference in the port city of Dar es Salaam.