Why invest in Tanzania

TANZANIA: TANZANIA enjoys an abundance of natural wealth, which offers tremendous investment opportunities for investors.

These include an excellent geographical location (six land locked countries depend on Tanzania ports as their cheapest entry and exit ports); arable land; world renowned tourist attractions (Serengeti, Kilimanjaro, Ngorongoro, and the Spice islands of Zanzibar); natural resources; a sizeable domestic and sub regional market; a wide local raw materials supply base; abundant and inexpensive skills; assurance of personal safety; warm friendly people and a suitable market policy orientation.

Again, the country enjoys high degree of investment security because of unparalleled political stability that is strife-free without ethnic division; excellent democratic rule that respects diversity of opinion and a strong tradition of constitutionality and rule of law.

The country has business-friendly Macro-Economic Stability with low inflation (4.2 per cent), stable exchange rates supported by unrestricted and unconditional transferability of profits, loan repayments, emoluments, royalties, fees and changes; Simplified bureaucracy, streamlined through the acclaimed services of the Tanzania Investment Centre which is a one-stop-facilitation agency of government serving registered investors and businesses; Successful economic liberalization measures commended by both the World Bank and the IMF with business-supportive legislation continually being improved through genuine dialogue between government and the private sector.

ALSO READ: Tanzanians urged to promote local tourism

A well-balanced package of incentives to investors with additional negotiated benefits to strategic investors Rapidly emerging as the most effective entry point and gateway for trade into Eastern, Southern and Central Africa.

Investment guarantees, and settlement of Disputes.

Investments in Tanzania are guaranteed against Political risks, Nationalization and Expropriation.

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