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Investments Opportunities

Investments Opportunities

The Ministry has many potential areas for local and foreign investment. The investment opportunities are available in Tourism, Antiquities, Forestry and Beekeeping and Wildlife sectors.

Favorable National Investment Climate:
Regarding investment climate, Tanzania ranked first in a report titled “The Africa Competitiveness Report 2000/2001”, benchmarking macro economic and investment climate success factors. It was followed by Morocco, Mozambique, Nigeria and Uganda. That been the case, it reveals that the comprehensive economic and political reform measures undertaken since mid 1986, have progressively brought about an efficient economic management, financial discipline and a framework for a dynamic high growth economy.

Tanzania is also free of ideological confrontations, ethnic problems and labor disputes. Therefore, it is a centre of economic and political stability in sub-Saharan Africa. Thus, the pro-investment attitude by Government is clearly demonstrated by the innovative investment legislation, the increasing number of foreign direct investment in the country and economic and structural reforms that have led to substantial progress in establishing a functioning market economy.

Key Government Institutions:
The Tanzania Investment Centre (TIC) is the one-stop centre for investment and should be the first contact for all investors. TIC offers a range of services to potential investors, including investment incentives and advice on how to move through the investment process easily. A number of key government agencies are represented at TIC, including Immigration, Ministry of Lands, Tanzania Revenue Authority, among others. TIC can also arrange meetings for investors with other key agencies to facilitate the investment process.

The Ministry of Natural Resources and Tourism (MNRT) is the lead technical agency responsible for tourism development (Natural and Cultural), and is therefore an important contact for potential investors. The Tourism and Antiquities Divisions can provide valuable information to investors in terms of the current status of the tourism sector, the outlook for cultural tourism growth, and potential areas for development of tourist hotels, resorts, lodges, restaurants, and camp sites.

INVESTIMENT OPPORTUNITIES IN THE WILDLIFE, FOREST AND CULTURAL  PROTECTED AREAS.

1. Tanzania Wildlife Management Authority (TAWA).

Tanzania Wildlife Management Authority (TAWA) recognizes the need to utilize wildlife resources sustainably for the present and future generations also ensure all investments in protected areas are conducted in a manner that supports conservation and community livelihood.  Investment in TAWA is controlled by the Wildlife Conservation Cap 283 and regulated by the Wildlife Conservation (Non-Consumptive Wildlife Utilization) Regulations 2016; the Wildlife Conservation (tourist hunting) Regulations 2015 and its amendments of 2017 and 2019; the Wildlife Conservation (Special Wildlife Concession) Regulations 2019 as well as investment guidelines issued at time to time.

For more details about our investment opportunities available kindly click here THE  NOTICE - INVITATION FOR APPLICATIONS TO INVEST IN THE TAWA TOURISM FACILITIES.

 

2. TANZANIA NATIONAL PARKS (TANAPA)

Tanzania National Parks (TANAPA) allows investments in the national parks to provide accommodation facilities to tourists, balloon safaris, canopy walk ways, cable car and zip line safaris,water sports, horse riding and special tourism concession. These investments aim at generating income to support conservation activities and provide opportunities for human enjoyment and employment. To achieve this, the organization has identified investment sites for accommodation facilities in various national parks that are presented in this prospectus. Potential investors are invited to invest in Tanzania's national parks and contribute to the growth of our tourism industry.

 TANAPA advertises all available investment opportunities such as accommodation facilities and tourism activities to the public through print and electronic media (Click here to read TANZANIA NATIONAL PARKS INVESTMENT PROSPECTUS 2020). Site selection for all investments will be done by TANAPA during the preparation of park specific GMP. Procedures for applying are explained in the TANAPA Tourism Investment Manual 2019 - 2024. Click and read

 

3. NGORONGORO CONSERVATION AREA AUTHORITY (NCAA)

Investment Opportunities for Campsite & Hotel Development

The Ngorongoro Conservation Area Authority (NCAA) has earmarked five plots of land within the conservation area for development of tented camps. In order to protect the environment, each tented camp is required to contain 40 or fewer beds. The Authority has also set aside a piece of land close to the Conservation Area for the development of one modern hotel. Conditions and terms of applying for these campsite and hotel plots can be obtained from the headquarters of the Ngorongoro Conservation Area Authority upon request by potential investors. The plots are earmarked at attractive sites as follows:

  • Investment site at Nasera Rock at an elevation of 1,876m (South: 02o 44.441’ East: 035o 22.853’).

Located near the northern border of the Ngorongoro Conservation Area, Nasera is a huge granite rock rising from the ground to a height of over 100m, and is near umbrella acacia trees. The rock is on the western side of the Gol Mountains, about 30 kilometres north of Olduvai Gorge.

  • Investment site around Olkarien Gorge at an elevation of 1,392m (South: 02o 42.362,’ East: 035o 34.921’).

The Olkarien Gorge is located in the northern end of Ngorongoro Conservation Area, just below the border with Loliondo Game Controlled Area, and to the east of the Gol Mountains. The gorge is an area of spectacular beauty and the primary nesting ground for the Ruppells Griffin vultures.

  • Investment site around Lemuta Hill at an elevation of 1,808m (South: 02o 43.910’ East: 035o 16.559’).

Lemuta Hill is close to the border of Serengeti National Park. The open plains around the hill are a destination in themselves for the great migration, a place where the herds start the migration on their annual pilgrimage. There is a water pool near the hill where animals go to drink.

  • Investment site around Kakesio area at an elevation of 1,877m (South: 03o 31.040’ East: 034o 58.411’).

Kakesio is one of the Maasai settlements inside the Conservation Area. The site is close to a wildlife ranger post. The vegetation at Kakesio is generally heterogeneous with large areas of grassland interspersed with groves of Miombo woodland.

  • Investment site around Gol Mountains at an elevation of 1655m (South: 020 48.589’ East: 0350 21.086’).

The Gol Mountains lie across the north-western boundary of the Ngorongoro Conservation Area, with Serengeti to the north and west, Olduvai Gorge to the south, and Loliondo Game Controlled Area to the north. The mountain ranges are of ancient Precambrian rocks. They rise abruptly to 2,200 meters from the surroundings. The slopes of the mountains have woodland and wooded grassland.

  • Investment of a modern hotel at Kamyn Estate about 20kms from the headquarters of Ngorongoro Conservation Area Authority.

Kamyn Estate is a property owned by the Authority but located just outside the boundary of the Conservation Area. The Authority is offering a piece of land measuring 10 acres out of the estate for hotel investment.Kamyn is close to the tarmac road that connects the town of Karatu with Ngorongoro. For more details kindly visit  https://www.ncaa.go.tz/

 

4. TANZANIA FOREST SERVICE AGENCY (TFS)

Tanzania Forest Service (TFS) is a semi-autonomous government Executive Agency whose establishment is supported by the Executive Agency Act (Cap. 245 Revised Edition 2009), the National Forest and Beekeeping Policies adopted in March 1998 and administered through The Forest Act (No. 14 of 2002) and Beekeeping Act (No. 15 of 2002) which provides legal framework for the management of forests and bee resources.

Tanzania attaches great importance to the role of trade in realizing National goals on poverty eradication through structural transformation of the economy with the private sector taking a leading role as an engine for national economic growth. Tanzania offers a well-balanced and competitive package of fiscal trade incentives especially in the priority sectors such as   manufacturing, agriculture, Tourism, petroleum, gas and Mining. For all these sectors, except petroleum and gas sectors, acquisition of all capital goods and parts are zero rated for import duty purposes and VAT thereon deferred.

Research expenses for agriculture are allowable for income tax purposes, while capital acquisitions are 100% expensed. You can also import duty-free all capital goods, spare parts, hotel facilities, explosive material for gas and oil exploration. Tanzania has also signed double taxation treaties with Denmark, India, Italy, Norway, Sweden, Kenya, Uganda, Zambia and Finland.

Import Products
Major import   commodities include agricultural machinery, implement and pesticides, industrial raw materials, machinery and transportation equipment, petroleum and petroleum products, construction materials, consumer goods. The list is not exhaustive,

Export Products
The principal export commodities include Minerals (gold, gemstones, diamonds, coal e.t.c.), coffee, cotton, cashew nuts, tea, sisal, tobacco, pyrethrum and cloves. The main imports are machinery and transport equipments, textiles and clothing, petroleum products.

Trading Partners
Tanzania’s major trading partners include: China, Germany, Japan, India, the European Union, United Arabic Emirates, United Kingdom, Kenya, Japan, India and South Africa.

Major commercial/trading cities include Dar es Salaam, Mwanza, Zanzibar, Arusha, Mbeya, Tanga, Kilimanjaro and Kigoma. For more details visit www.tfs.go.tz

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