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Tanzania’s Investment Climate

It is worth to note that Tanzania is an emerging economy with high growth potential. Whilst the economy is relatively diversified, a number of opportunities remain untapped in many sectors including agriculture, tourism, telecommunications, mining, fishing, forestry, manufacturing, construction and the energy industries. Notwitstanding the country's natural resources endowments. Tanzania's investment Policy is one of the best in Africa as demonstrated here in below:

  • Openness to Foreign Investment
  • Tanzania is formally open to foreign investment in all sectors. Tanzania was named Africa's best investment promoter at the Africa Investment Promotion Agencies 2004 competition, where the TANZANIA Investment Centre (TIC) received the first prize among 48 African countries. The TIC provides certificates of incentives on approved projects that have a minimum investment of USD 300,000 if foreign owned and USD 100,000 if locally owned.
  • Conversion and Tranfer Policies

Tanzania allows unconditional transfer through any authorized bank in freely convertible currency of net profits, repayment of foreign loans, royalities, fees, charges in respect to foreign technology, and remittance of proceeds.

  • Performance Requirements and incentives

Tanzania offers a well balanced package of investment benefits and incentives that are applied uniformly to all investors (domestic and foreign investors)

  • Right to Private Ownership and Establishment

Tanzania observes the right of foreign and domestic private entities to establish and own business enterprises and engage in legl forms of remunerative activity. The Business Registration and Licensing Acts Provides the right of any local or foreign investor to freely establish private entities; to own property both movable and immovable; to acquire and dispose off property including interest in business enterpises and intellectual property.

 

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  • Completed Projects

  • Pipeline Projects

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It is a 6 bedroom mansion with gymnasium, servants quarters and a magnificiant Guest House.

Kiwalani Commercial Property

With a built up area of 4,500 square metres, the property provides Seven(7) warehouses and residential houses for the staff.

Saifee Mansion Tower

It is a five storey building standing along the famous Bibi Titi Mohammed Road close to the international hotels and major financial institutions .

tab4 Bahari Beach Housing Estate

The Bahari Beach Housing Estate is one of its kinds in Dar es Salaam. The Property is flagship project of GLS.

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The Msindaji Salt Works is salt-farm development project.

Ujamaa ApartmentsThis is state of the art residential apartment property situated in the most prestigous location of Dar es Salaam.
Global Industrial Park

This is a unique project to be implemented in 21 acres plot of land. It is one of the few pioneering private projects catering for the Export Processing Zones (EPZ) in Tanzania

Tabata Village Complex

The Tabata Village Complex is designed to be the first real estate housing project of its kind in Dar es Salaam.

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