Tanzania Recorded 2099 Investment Project in Past Four Years

March 24, 2025

(3 minutes Read)

Investment levels reached new heights, with the manufacturing sector taking the lead. This sector alone is projected to generate 124,339 job opportunities, while the total number of jobs from all projects is expected to reach 539,488.

The Tanzania Investment Centre (TIC) has recorded 2,099 investment projects valued at Sh67 trillion over the past four years under the leadership of President Samia Suluhu Hassan.

This progress was highlighted by the Government Chief Spokesperson and Permanent Secretary in the Ministry of Information, Culture, Arts, and Sports, Gerson Msigwa, during a press briefing in the Coast Region. He revealed that 1,982 of these projects have already commenced operations, contributing significantly to Tanzania’s industrial growth.

He noted that from March 2021 to February 2025, investment levels reached new heights, with the manufacturing sector taking the lead.

This sector alone is projected to generate 124,339 job opportunities, while the total number of jobs from all projects is expected to reach 539,488.

Breaking down investment categories, he noted that there were 476 joint ventures, 117 expansion projects, 719 domestic investments, and 904 Foreign Direct Investment (FDI) projects among those that have commenced operations.

Msigwa made these remarks while addressing journalists during a media tour of the Kwala Dry Port and the Sino-Tan Industrial Park in Kibaha District.