By Alfred Zacharia
Tanzania registered 372 investment projects worth $3.7 billion between January and May 2025, up from $2.8 billion during the same period last year, the country’s investment agency said on Monday.
The Tanzania Investment Centre (TIC) said the projects are expected to create more than 41,000 jobs once fully implemented.
“This performance reflects the deliberate reforms and leadership of President Samia Suluhu Hassan,” said TIC Executive Director Gilead Teri during a press briefing in Dar es Salaam, adding that “Her commitment to improving the business environment and economic diplomacy is bearing fruit.”
Of the registered projects, 186 were fully foreign-owned. The remainder were owned by Tanzanians or structured as joint ventures, signaling an increase in domestic participation in the national economy.
The industrial sector accounted for the largest share of registered projects, with 156, followed by transport (56), agriculture (40), tourism (39), and commercial building construction (36).
These sectors are also projected to lead in job creation:
-
Industries: 12,284 jobs
-
Agriculture: 11,284 jobs
-
Transport: 7,527 jobs
-
Commercial buildings: 1,890 jobs
-
Infrastructure: 1,859 jobs
Teri said the Centre is intensifying efforts to attract and support more investors.
“We are focused on ensuring predictability and ease of doing business,” he said. “This includes fast-tracking approvals, providing aftercare, and ensuring investor protection.”
Tanzania has rolled out several reforms to boost investor confidence, including streamlined registration processes, digital service delivery, and infrastructure improvements.
Authorities say the current momentum positions Tanzania as a more competitive investment destination in East Africa.