The United Republic of Tanzania

TANZANIA INVESTMENT CENTRE





Tanzania is no doubt, a great place to invest in Africa. Tanzania investment Centre is attracting investors both local and foreign to invest in priority sectors. .


Tanzania is no doubt, a great place to invest in Africa. For over the past decade we have put in place the most conducive investment environment you can think of.  We have wide opened our doors for anyone interested to bring his money and do business/investment with us. 

Tanzania investment Centre is attracting investors both local and foreign to invest in priority sectors based on the Five- Year Development Plan covering the period 2016/17 to 2020/21. His Excellency Dr. John Pombe Magufuli, the President of the United Republic of Tanzania has put more emphasis on industrialization as the main agenda for his government. This aims at transforming Tanzania into a semi-industrialized nation by 2025; accelerate economic growth while making sure that the quality of that growth will benefit the majority of the people in terms of significant poverty reduction and job creation; and foster and strengthen implementation effectiveness.

 

It is through industries that Tanzania will be capable of exporting finished goods as opposed to raw materials. The sector will also create employment, expand markets for agriculture products, and generate revenue to investors and government. Based on the above, the priority areas which investors are cordially invited to invest are arranged in sectors and sub sectors as follows: -

 

(i) Manufacturing Sub-sectors: opportunities are in

Establishment of SEZs/EPZs, Industrial parks, and logistics centre(s); Automotive Industry focusing on establishment of assembly plants and spare parts manufacturing facilities; Pharmaceutical industries targeting the construction, rehabilitation and providing support to strategic pharmaceutical industries; Agro-Industries and Agro-processing to add value to agricultural, livestock, forestry and fisheries products; Sugar processing, Edible Oil processing and Petro, Gas and Chemical Industries particularly construction of a liquefied natural gas (LNG) plant in Lindi and a petro chemical industrial complex in Mtwara.

 

(ii) Agriculture: opportunities

Cultivation of maize, sugarcane, rice, sunflower, pulses, floriculture, cotton, sisal, grape & simsim as prioritized crops; and Development of out- growers to complement the sources of raw materials for the industries.

 

 (iii) Fisheries: opportunities are in

  Establishment of fishing ports and fishing in the Exclusive Economic Zone, Establishing fish processing plants and modern fishing boat building yards; Establishment of dry docking and eco-tourism facilities, Production of formulated fish feeds and live fish food (eg. earthworms), Establishment of commercial fish cage culture in both marine and freshwater.

 

(iv) Mining and Metals: opportunities are in

Adding value to and beneficiation of mining products as appropriate; Processing of precious metals and gemstones, Establishing a caustic soda refinery plant in Engaruka; Production of iron ore and steel in Liganga; Processing of nickel in Kabanga; and Extracting Uranium in Mkuju.

 

(v) Tourism:  opportunities are in

   Construction of Tourist Hotels; Establishment of leisure parks; Investing in conference tourism facilities; Provision of air/ground transport.

 

(vi) Economic Infrastructure: opportunities are in

Infrastructure projects which provide exciting PPP opportunities for investors looking to capitalize on Tanzania’s fast growing economy; The sector’s further development includes improvements in the energy sector as Tanzania strives to become a middle-income country.

 

 (vii)  Information Communication Technology: opportunities are in

Provision of mobile services especially in rural areas as penetration is higher in urban areas; Provision and operation of value added network/data services (internet, voice mail, electronic mail services); Repair and maintenance of telecommunications facilities.

 

(viii) Livestock: opportunities are in

Investing in processing of meat, dairy and leather products.

 

Tanzania is ready to do business with you; we have everything that you need to invest. These are abundant natural resources, conducive business environment, political and macroeconomic stability, a facilitative government, educated labour-force, a sizeable and captive market, unique geographical location and so on.

 

 









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