Tanzania, Jan. 26 -- SINO American Global Fund (SinoAm LLC) has expressed its intention to invest in Tanzania up to 5bn US dollars in large-scale strategic projects, including infrastructure, transportation, energy, technology, financial services, and industrial development.

The investment interest was formally presented during a meeting between the leadership of SinoAm LLC and the Minister of State in the President's Office for Planning and Investment, Professor Kitila Mkumbo in a meeting that took place in London, United Kingdom on the sidelines of the Minister's official visit to the country.

Speaking on behalf of SinoAm LLC, the Fund's Chairman, Najib Choufani, said the fund plans to invest the amount in phases through Public-Privat...