The United Republic of Tanzania
TANZANIA INVESTMENT CENTRE
Strategic Investor status is captured in section 20 of Tanzania Investment Act, 1997 and part 49 of the Tanzania investment Regulations of 2002. Strategic investors which are approved by the National Investment Steering Committee (NISC) enjoy additional fiscal and non fiscal incentives as provided for in various laws
National Investment Steering Committee (NISC) The Government formed a National Investment Steering Committee chaired by the Hon. Prime Minister of the United Republic of Tanzania. Other members are; Minister responsible for Finance, Minister responsible for investments, Minister responsible for lands, Minister responsible for Local Government, Attorney General, Governor of the Central Bank and Commissioner General of Tanzania Revenue Authority (TRA). Tanzania Investment Centre is a secretariat to this committee. The NISC meets periodically to approve requests for strategic investment in Tanzania. The committee is also entrusted with investment policy formulation and solving problems of investors on a fast track basis.