Welcome to invest in Tanzania - land of Endless Opportunities
Labour force/Consumer market Tanzania has a population of approximately 61millions with 44.8% under the age of 15 and 52% between 15 and 64 and just 3.1% over the age of 64.
Tourism Tanzania has 22 national parks and 27 game reserves including the world famous – Serengeti National Park, Ngorongoro creator and Mt. Kilimanjaro- the highest mt. in Africa and the highest single free-standing mountain above the sea level in the world – 5895 meters
Geographical location is accessible through Indian ocean which gives trade links to Asia with 3 deep water ports (Dar es Salaam, Tanga, Mtwara) and sits between 6 interlocked countries(Democratic Republic of Congo, Uganda, Rwanda, Burundi, Zambia and Malawi. Tanzania is a member of regional economic communities: SADC (Southern African Development Community) which comprised of 16 members and EAC (East African Community). The regional community members benefit from preferential trade arrangements such as free trade area and common market. Tanzania also exports items under AGOA(The African Growth and Opportunities Act) which provides duty free treatment of goods designated to sub-Saharan African countries(SSAs)
Minerals is bestowed with vast mineral resources to named few- gold, diamonds, iron, copper, coal, uranium, nickel , natural gas that could turn Tanzania into one of them main LNG producers in Sub - Saharan Africa and the famous -tanzanite gem stone – only found in Tanzania
Economic Stability sustained consistently growth – 6 - 7% since 2000. Tanzania is one of 10 fastest growing economies in Africa. The achievements can be attributed to political and economic stability, good and predictable policies as well as peace and tranquillity
Peace and Political Stability one of the few African countries that has been experienced peace and tranquillity since its independence in 1961. There has never been any civil wars or internal fighting. Tanzanians continue to leave in peace with a sense of a common national identity without ethnic divisions
Infrastructure Tanzania has supportive infrastructure for investments. Tanzania has 3 major strategic sea ports: Dar es Salaam which is the principal port, Tanga on the northern coast and Mtwara on the southern coast.
Land has 44 million hectares of arable land and 29 hectares are suitable for irrigation
Electricity Infrastructure well supported as majority of Tanzania has access to electricity and projection that by end of 2022, all villages in Tanzania will have access to electricity. Construction of Julius Nyerere Hydro power station , the largest in the East African Community is underway with 45%completion. The station is expected to produce 5,920GWh of power annually. Tanzania Standard Gauge(SGR) is under construction that will link Tanzania with neighbouring countries of Rwanda and Uganda, and through these two, to Burundi and the Democratic Republic of the Congo
Property rights and Protection: Intellectual Property Rights patents and trade marks registration are on first -in- time, first-in-right basis. Therefore, companies should consider to apply for trade mark and patent protection at their earliest convenience.