Tanzania boasts abundant natural wealth, offering tremendous investment opportunities
for prospective investors. These include an excellent geographical location—six
landlocked countries depend on Tanzanian ports as their most cost-effective entry and
exit points—vast arable land, and world-renowned tourist attractions such as the
Serengeti, Kilimanjaro, Ngorongoro, and the Spice Islands of Zanzibar. Additionally,
Tanzania possesses rich natural resources, a sizable domestic and sub-regional market, a
wide supply base of local raw materials, abundant and affordable skills, assurance of
personal safety, and warm, friendly people, coupled with a conducive market policy
orientation.
Undoubtedly,
Tanzania stands as an ideal investment destination in Africa today,
offering limitless investment and business opportunities for exploration. Key reasons to
invest in Tanzania include its advantageous geography; direct connectivity to the Indian
Ocean, facilitating trade links with Asia, and its strategic positioning between the
ocean and six landlocked countries, which rely on Tanzania for the passage of goods.
With three deep-water ports—Dar es Salaam, Tanga, and Mtwara—servicing neighbouring
countries, Tanzania's membership in the SADC Free Trade Area and EAC Common Market,
alongside well-developed rail and road networks, further solidifies its status as a
natural transportation gateway for East and Central Africa.
Tanzania offers a high degree of investment security, characterized by
unparalleled
political stability, democratic governance, and a strong tradition of
constitutionality
and the rule of law. Business-friendly macroeconomic stability, low inflation
rates,
stable exchange rates, simplified bureaucracy through the Tanzania Investment
Centre's
one-stop facilitation services, and a well-balanced package of incentives
further
enhance the investment environment.
Beyond serving
as a conduit for goods, Tanzania's internal production capabilities,
driven by its abundant natural resources—such as vast arable land and mineral
deposits—position it as a natural hub for economic activity in the East African Region.
The country's diverse natural resources, including a 1,424-kilometer coastline,
substantial arable land, and world-class tourist attractions, coupled with its mineral
wealth, oil, and gas reserves, present vast investment opportunities in agro-production,
agro-processing, livestock farming, mineral extraction, and tourism development.
Furthermore,
Tanzania boasts a wealth of precious gemstones and minerals, including
gold, iron, silver, copper, platinum, nickel, limestone, soda ash, gypsum, salt,
phosphate, tin, sapphire, ruby, emerald, and tanzanite, among others, making it one of
the region's leading gemstone-producing countries. The recent discovery of large natural
gas reserves presents a transformative factor for the economy, with significant
potential upside in the near future.
With its
favourable geographical location, emerging as the most effective entry
point and gateway for trade into Eastern, Southern, and Central Africa, Tanzania
provides investment guarantees and mechanisms for dispute resolution. Moreover, foreign
businesses operating in Tanzania have access to credit from domestic financial
institutions and major banks invested in the country.