Tanzania President Suluhu Samia has said regional economic development will remain a myth unless states embark on infrastructure development.
This is her full speech:
I’m greatly honored to join you today to witness this historic event of the signing of a tripartite agreement for the construction of the second crude oil pipeline from Hoima, Uganda to Tanga port, Tanzania.
Allow me to express my sincere sense of gratitude to my brother. His Excellency President Museveni, for the cordial invitation and warm hospitality that he is accorded to me and my entire delegation.
It is worth noting that this event was scheduled to take place on the 22nd of March this year. However, it didn’t due to the sudden and timely demise of my predecessor, the late President Dr John Pombe Magufuli.
Once again, I take this opportunity to thank President Museveni, the government of Uganda, as well as our cooperating partners, the international oil companies for their decision to postpone this event.Indeed, this kind of gesture portrays it a true partnership.
We all know how the late President Magufuli was an ardent and stern supporter of this project. And so, postponing the event was an honor to his commitment and the realization of this project.
Excellencies, ladies and gentlemen, the signing of this agreement is an auspicious occasion, not just for Uganda, Tanzania, but the entire East Africa region.
As we are all aware, this project will have an impact on social, economic development, and geostrategic dynamics, among other benefits.
The project will yield revenues to both countries, while creating short & long term employment for both highly skilled and semi skilled professionals, as well as casual laborers, thus addressing the unemployment challenge, especially among the youth.
It is expected that more than 10,000 employment opportunities, expected to be created during execution, and upon its completion.
Apart from socio economic benefits. The project will also stimulate trade, investment as well as unlocking the East Africa’s oil potential, thus attracting more investors.
More importantly, this project will strengthen strategic partnership and cooperation between our two countries. And in addition, it will forge further regional integration and people’s interaction.
And on this note, allow me to commend all parties involved for their dedicated commitment and unyielding sacrifice, towards the realization of this common goal.
Excellencies, ladies and gentlemen. Our region is well endowed with abundant natural resources, which includes oil, gas, minerals, the vast number wildlife and plants, as well as livestock in marine ecosystems.
In order to fully and effectively exploit and utilize the these resources. We need quality infrastructure. Without it, economic development will just be a myth, and in this respect.
Apart from the pipeline, we have embarked on the construction of roads, ports, airports, railways, as well as power plants to generate electricity. This is indeed a significant step in the right direction.
I’m pleased to note that our countries have now embarked on building strategic infrastructure to support these endeavors.
I humbly wish to encourage all the countries in the region to continue building these infrastructures and projects that shall spur development in the region.
Before I conclude, let me once again retreat my heartfelt appreciation to you and the entire people of Uganda for a fraternal and well, warm welcome in this beautiful city of Entebbe. And in this occasion in particular.