The United Republic of Tanzania

TANZANIA INVESTMENT CENTRE



THE UNITED REPUBLIC OF TANZANIA
TANZANIA INVESTMENT CENTRE.


INVITATION TO ATTEND KOREA TANZANIA BUSINESS FORUM IN SEOUL, SOUTH KOREA, 31ST JANUARY, 2018.



Tanzania Investment Centre (TIC) in collaboration with the Ministry of Foreign Affairs and East African Cooperation, the Embassy of Tanzania in Seoul and Tanzania Private Sector Foundation (TPSF) are pleased to invite local companies/entrepreneurs to a Business Forum to be held at Grand Hall, 4F Hana Financing Group Building, Seoul, Korea on 31st January, 2018.

The Business Forum will coincide with launching of our new Embassy in Seoul, South Korea and investors from Korea who are interested to do business in Tanzania are expected to attend the Forum on the inaugural day. The Forum will focus in all sectors but the priority will be; -

Manufacturing, Information and communication Technology, Agriculture and agro processing, Mining, Deep sea fishing, Tourism, Energy and Trading in general. The Korea - Tanzania business forum will be a good platform for local companies to meet with counterparts from Korea to discuss various business opportunities they can do together.

Companies are advised to prepare detailed profiles of their projects for easy promotion and marketing. Interested participants will be required to register before 22nd January, 2018.

Please note

  • Interested participants will be required to meet costs of return Air Ticket and accommodation.
  • A tentative program and other information will be sent to you immediately after confirmation.
  • For registration please send an email to forum@tic.co.tz. For further details please contact (Latiffa Kigoda on 0715734444 or latiffa.kigoda@tic.co.tz. You can also call TIC on Tel. number 2116328/31 Item; Korea - Tanzania Business Forum.

ISSUED BY;
THE EXECUTIVE DIRECTOR,
TANZANIA INVESTMENT CENTRE,
P. O. BOX 938,
DAR-ES-SALAAM





This is to inform our esteemed customers that we have established a new bank account responsible for all TIC transactions. Our new Bank Accounts with NMB PLC are as follows:


Account Name: TANZANIA INVESTMENT CENTRE
Bank Name: NMB
Branch: Bank House – DSM
Account numbers: 20110029985 TZS    20110029986 USD



From 2nd January 2018 all fees related to TIC services may also be paid through NMB Bank Accounts mentioned above.

About Tanzania Investment Centre (TIC)


The Tanzania Investment Centre (TIC) was established in 1997 by the Tanzania Investment Act to be “the Primary Agency of the Government to coordinate, encourage, promote and facilitate investment in Tanzania and to advise the Government on investment policy and related matters.”

Lines of work


Tanzania Investment Centre works towards improving the business environment in Tanzania. Tanzania Investment Centre has a One Stop Centre dedicated to facilitate companies interested in establishing a presence and investing in the country.




INVITATION TO ATTEND THE AFRICA 2017 FORUM “DRIVING INVESTMENT FOR INCLUSIVE GROWTH’

07TH - 09TH DECEMBER, 2017, SHAM EL SHEIKH, EGYPT .


Tanzania Investment Centre (TIC) in collaboration with the Ministry of Industry, trade and Investment are pleased to invite local companies/entrepreneurs to an investment forum to be held in Sham El Sheikh, Egypt from 07th to 09th December 2017.

The Africa 2017 Forum is the largest investment forum in Africa aimed at introducing business to business and government to business platform focusing on key strategic sectors. The theme for this year will be “Driving Investment for Inclusive Growth’’, providing a platform to increase private sector cooperation in Africa and catalyze investment into sectors of strategic interest to the African continent.

The Africa 2017 Forum will bring together policy makers, financiers, investors, and the world countries to promote investments in strategic sectors and the Conference would contribute to supporting and promoting investment between the world and Africa.

The Forum will attract all sectors especially the main sectors below; -

Manufacturing, Agriculture and agro processing, Mining, Transportation, Energy, Construction, Services, Pharmaceuticals, Water, Infrastructure development, Information Technologies, Telecommunications and Oil and Gas.

The Forum is an opportunity for local companies to enhance joint venture with foreign companies on business opportunities they can collaborate. Companies are advised to prepare detailed profiles of their projects for easy of promotion and marketing.

The cost for Air transport and Accommodation will be covered by the participants. Interested participants will be required to register before 03rd December 2017 via forum@tic.co.tz.

Tentative program and other information will be sent to the participant immediately after confirmation. For further details please visit www.tic.go.tz or contact Latiffa Kigoda on 0715734444

ISSUED BY

The Executive Director,

Tanzania Investment Centre (TIC),

Shaaban Robert Street,

P.O Box 938,

Dar Es Salaam,

+25522116328

www.tic.go.tz





TANZANIA INVESTMENT CENTRE ATTRACTS MEGA FERTILIZER MANUFACTURING PROJECT .


Tanzania Investment Centre has announced a massive investment project to be established in Kilwa Masoko conveyed by the German mega company Ferrostaal and Haldor Topsoe of Denmark.

According to TIC Executive Director, Geoffrey Mwambe, the 1.9 billion dollar fertilizer manufacturing project is expected to be one of the largest single mega investment ever registered in Tanzania Investment Centre and more than four thousand and five hundred (4500) jobs are to come on stream.

The investment will not only guarantee and meet the demand of fertilizer in the country, but also bear a very positive impact on the economy in terms of increasing productivity in the agricultural sector, creating a massive value chain and generating new employment portfolios.

The factory will significantly increase the production of fertilizer in the country, according to estimates made by the Wilfread Wiemann the Ferrostaal project Director for Sub Saharan Africa more than 1.3 million tons of fertilizer will be produced annually once the project is completed and on full capacity.

The German Ambassador to Tanzania Detlef Wächter, reaffirms its commitment to enhance investment in the country and said this project will be a benchmark for many more investors to come from German. He also announced the coming of more investors from the German city of Bavaria who would be here to look for diverse opportunities.

Mr. Mwambe also concluded that the project would deliver unique benefits in terms of creating huge markets for our natural gas, retention of foreign currency, transfer of skills and new technology and many other benefits to our local SME’s. The 5th phase government of Tanzania promotes the industrialization and Tanzania Investment Centre has been undertaking intensive campaigns on promoting the establishment of new industries.

Both local and foreign companies have shown great support to the government initiatives in the establishment of new industries.

ISSUED BY TANZANIA INVESTMENT CENTRE




THE FIRST EVER INVESTORS DIALOGUE FORUM HELD IN DAR .


Tanzania Investment Centre, yesterday has successful held the first ever Investors’ Dialogue Forum at PPF Convention Centre which aimed at identifying operation and facilitation challenges investors are facing and need to seek clarification from the government institutions.

The forum which had officials from all government institutions which provide support to investors was also an opportunity for government institutions to hear various implementation challenges from the private sector and provide clarification and feedback where it is relevant.

Speaking at the event the TIC Executive Director Mr. Geoffrey Mwambe said, this forum is a platform for investors in Tanzania to share with the Government their experiences and challenges of implementing their businesses and propose best mechanisms to resolve challenges faced by investors during establishment and operations of their investment projects.

Mr. Mwambe added the meeting focused on matters relating to investment facilitation services offered by government institutions under the One Stop Facilitation model hosted at TIC. We expect this to bring tremendous solutions to a number of challenges investors are facing.

Speaking at the conference the Executive Director of Tanzania Private Sector Foundation TPSF Mr. Godfrey Simbeye commended TIC for organizing the event and he said the forum will cement Investors’ confidence and demonstrate that the government is listening to the investors complains.

More than 200 government officials and CEO from different fields and various Government officials attended the Forum and it is expected to be held annually.




NOTICE TO INVESTORS.


We would like to inform our esteemed investors and the general public that in our endeavour to improve services and speed up the process of issuance of certificates of incentives, all applications for certificates will be submitted and processed electronically with effective from 1st October 2017. To achieve this, a slight change has been introduced on the procedure for application of Certificate of incentives whereby TIC will only accept applications containing documents listed below in soft copy (PDF Format)
  • A dully signed application letter
  • A copy of the Certificate of Company Incorporation
  • A copy of the company’s Memorandum and Articles of Association.
  • A dully filled and certified TIC application form
  • Project business plan
  • Evidence of sufficient finance capital available to implement the project in a form of bank statement or a bank confirmation for consideration to finance the project.
  • Evidence of project location in a form of certified title deed or a lease agreement
  • Company Board Approval to register the project with TIC.
  • Copy of Tax Identification Certificate
  • Evidence of payment of application facilitation fee of US$ 1100 in a form of bank payment slip
N.B Investors are required to bring certified hard copy of the above documents at the time of collection of the Certificate of incentives. Issued on 9 October, 2017



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