The government will today unveil a grand plan for value addition of domestic products seeking to generate higher export returns and contribute to economic development.
The move comes at a time when demand for Tanzania's products particularly food items in the East African Community is on an upward trend.
"Despite the increased exports of its domestic products in recent years, Tanzania has been gaining little because most of the goods are in raw form," he noted. Most of its goods are still organic and from the health point of view that is the direction the world is moving in to promote organic food. For example, Tanzania's geographic location allows for the year-round production of a wide variety of fruits, which, if exported as finished goods with added value, might generate significant foreign exchange.
We need to do research and add value to our exports to make the most of the export revenue we are not currently receiving. Beyond processing maize meal, we also need to alter our palates because other products like starch, glucose and sorbitol can be exported for additional revenue." This is because Tanzania produces the most traded goods among African countries, including non-industrial goods, gold and crude oil.
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