Services

Investment in Tanzania

Tanzania is a country found within East African Countries blessed with plenty of various Natural resources of which it attracts investment in different spheres. Tanzania Government has initiated various initiatives to attract investment of these blessed resources both in local investment as well as foreign investment. Tanzania has enacted several legislations to implement its objectives as far as investment is concern.

The first move was initiated by the Government through its parliament, by enacting the Principle legislation INVESTMENT ACT No. 26 OF 1997 of which it establishes the centre “Tanzania Investment Centre” commonly known as “T.I.C” that deals with investment aspects only. The Centre is a Primary Agency of the Government to co-ordinate, encourage, promote, and facilitate investment in Tanzania and to advice the government on Investment policy and other related matters on Investment. The basic function of the T.I.C is to initiate and support measures that will enhance the Investment climate in the country for both local and foreign investors. T.I.C also provides some incentives to the investors both foreigners and local investors so as to attract investment.

Available Opportunities

Under manufacturing sector, Tanzania offers Opportunities for:

  • Establishment of SEZs/EPZs, Industrial parks and logistics centres,
  • Etablishing motor vehicles and motorcycles assembly plants and spare parts production facilities for domestic and regional markets,
  • Construction of a liquefied natural gas (LNG) plant and Construction, rehabilitation and providing requisite support to strategic pharmaceutical industries,
  • Production of construction materials such as ceramics and cement,

Department

Advocate

Category

Capital, Investment, Industrial

Address

6th Floor, Wing “B” 3D Building Adjacent Watumishi House, Magomeni Usalama, Ruaha Street, Morogoro Road, Kinondoni District.
P.O.Box 76630 Dar Es Salaam