The Tanzania Investment and Special Economic Zones Authority (TISEZA) has called on local and foreign investors to tap into opportunities in the fisheries sector, particularly cage fish farming, citing a range of fiscal and non-fiscal incentives offered by the government.
The appeal was made on January 24, 2026, during a National Domestic Investment Promotion Campaign, as a TISEZA team toured cage fish farming projects in Mara Region to showcase existing opportunities and the favourable investment climate in the sector.
Speaking during the campaign, Acting Director for Investment Promotion at TISEZA, Mr George Mukono, said the government has introduced targeted incentives to attract investors in fisheries, including a 100 percent customs duty exemption on imported capital goods used directly in cage fish farming operations.
He said the exempted items include floats for fishing cages, fishing nets, boats and transport vessels for accessing cages and transporting fish to landing sites, nylon fishing twine, outboard engines, fishing hooks and lines, among other essential equipment.
According to TISEZA, the incentives form part of broader government efforts to stimulate investment in the fisheries sector, with the aim of boosting economic growth, creating employment—especially for youth—raising national income, and strengthening food security.
The authority added that the measures are also intended to reduce reliance on imported fishing gear and encourage local production, underscoring the government’s commitment to lowering capital costs and improving the ease of doing business for investors.
