Once these projects are maximized and fully implemented, the island nation of Zanzibar could see as many as 9000 jobs created for its residents. These figures were relayed on Wednesday during the start of the Zanzibar Trade and Investment Forum 2022. The Zanzibar Investment Promotion Agency (ZIPA), pointed out that these projects rely on the water surrounding the island nation, signaling a growth in the nation's blue economy. The island nation’s administration continues to find new ways to utilize this asset to develop its economy. “Since November 2020, ZIPA has recorded 181 investment projects valued at $3.056 billion,”During the forum, he also welcomed the idea of foreign and local investments in the nation’s blue economy.

Source: Daily Nation December 04, 2022 12:08 UTC