unparallel political stability that is strife free without ethnic division
Investment guarantees and settlement of disputes. Investments in Tanzania are guaranteed against political risks, nationalization and expropriation by local legislation and International Agreements. Tanzania is a signatory of (MIGA) Multilateral Investment Guarantee Agency and a member of the International Centre for Investment Settlement Dispute (ICSID) a body of affiliated to World Bank.
The Country enjoys a low crime rate.
There are international insurance companies offering Business Insurance and medical insurance.
Availability of Resources
Tanzania enjoys an abundance of natural wealth which offers tremendous investment opportunities.
It has abundant tourist attractions that are mostly under utilized.
It's climatic and soil conditions give it comparative advantage in farming of a variety of crops.
It has mineral wealth largely still unexploited.
Abundant trainable and inexpensive skilled labor force.
What is the Market
Tanzania is strategically positioned as a gateway to six land locked countries.
Has a population of 45 million people with ever increasing real income and high level of domestic investment spending.
Belongs to regional economic grouping, EAC, SADC, MMTZ-SACU- thus expanding its market access to all member countries of these economic groupings with a total of over 300 million people.
Has quota free and duty free entry to the markets of USA, (AGOA), Canada, Japan, South Korea and China. Therefore, establishing a factory in Tanzania, one has a larger market than the confines of Tanzania Borders.
Starting and sustaining Business in Tanzania
To cut down all bureaucracy and have a "peace of mind", let the Tanzania Investment Centre, a one stop centre do it for you. TIC with your cooperation will assist you to get all approvals, licences, work permits, visas, business premises and even land for investment.
TIC will offer you the most competitive incentives to commensurate the magnitude of your investment and risk associated with it.
The comprehensive economic and political reforms measures, undertaken since 1988 have brought about an efficient economic management, financial discipline and a framework for a dynamic high growth economy with inflation at around 5%.
The Tanzania shilling is freely convertible to all major currencies and transfer of capital and profit is allowed.
Investors are not compelled to enter into joint ventures. You can have 100% foreigner owned investment.
You need not to worry as to wasting time constructing sheds, Export Processing Zones Parks are there for you to fix your machines and start production, if you are an export oriented manufacturer, if not have your production unit in the Special Economic Zones Parks.
Due to less competition in the market, profit margins are undoubtedly very high.
Reaching your markets
By air - Tanzania is served by major airlines which fly from Tanzania to major hubs in the world. Regular flights fly form Dar es Salaam, Kilimanjaro and hired cargo planes from Mwanza/KIA to Europe. Currently, Emirates, Qatar Air , Kenya airways Flydubai, Etihad, Ethiopian Airlines, Oman Air, Turkish Airline and many more others fly out from Dar es Salaam daily. Mbeya International Airport is due the start operation soon.
Dar es Salaam
Due to open soon - Mbeya International Airport
By sea - There are regular ship sailing from Dar port, Tanga Port and Mtwara Port including Container cargo, Fuel tankers, Roro’s, break bulk cargo, liquefied cargo and refrigerated cargo ships.
Container cargo ship, Fuel tanker, Roro's,
Call at these ports on regular basis to ship in and out break bulk, cargo, containerize cargo, liquidified cargo and refrigerated cargo.
By Rail - Tanzania is connected to Kenya, Zambia and Uganda by rail therefore for bulk exports you can opt to use railway.
By Road - There is a good road network connecting Tanzania to its eight neighbours and beyond
Others are already there
Some proactive companies from the globe have already set their footing in Tanzania including those from UAE, who have invested in oil and gas exploration, mining, hospitality sector, Agriculture, Livestock keeping and exploration, Tourism, mining and many more other sectors. Opportunities are Limitless. Come and Grow with Us .