The national investment promotion policy

THE NATIONAL INVESTMENT PROMOTION POLICY

In an effort to further improve the investment climate in Tanzania, the Government decided recently to review the Tanzania Investment Promotion Policy of February 1990. The New Investment Policy was approved by the Government in October 1996.

The new Policy underlines the following:

  • Maximum mobilization and utilization of domestic capacity including cooperation with other developing countries as well as industrialised countries
  • Maximum promotion of exports of goods and services to enhance the development of a dynamic and competitive export sector The encouragement of inflows of external resources to complement national efforts
  • Encouragement and facilitation of the adoption of new technologies in activities that especially have a direct bearing on productivity, quality and increased competitiveness
  • Enhancement of transparent legal framework that facilitates the promotion and protection of all investments
  • Deregulation of the investment approval process
  • Re-defines the role of the private sector and puts it into a more central role
  • Creates a balance between administrative controls and market forces as a means of allocating resources
  • Re-emphasize political pluralism to enhance democracy
  • Rededicates the nation'sadherence to Rule of Law

Visitor's Testimony

Journey to Tanzania, by Juan Marcos de Miquel Sagnier

Good morning,
First of all, I apologize for not writing in French. Secondly, after visiting Tanzania (Arusha, Tarangire, Ngorongoro and Serengeti) with my family last Easter, I wish on one hand, to congratulate you for the fantastic sites that were presented to us; and on the other hand, express appreciation for the impeccable treatment, that Tanzanians accorded to us throughout our trip. Some members of my family still dream every night with Tanzania and my little boy has promised to return to Tanzania when he has his own family and his own money.

Best regards,
Juan Marcos de Miquel Sagnier


Buenos días,
En primer lugar disculparme por no escribir en francés. En segundo lugar después de visitar Tanzania (Arusha, Tarangire, Ngorongoro and Serengueti) junto a mi familia la pasada semana santa quisiera, por un lado felicitarles por el fantástico país que se nos ha presentado y por otro agradecer el trato, siempre impecable, que nos han ofrecido los tanzanos a lo largo de toda nuestro viaje. Algunos miembros de mi familia todavía sueñan cada noche con Tanzania y mi hijo pequeño ha prometido que cuando tenga su propia familia y su propio dinero piensa volver.

Un cordial saludo,
Juan Marcos de Miquel Sagnier

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