Government moves to unlock fisheries investment through new national guideline

By The Respondents Reporter

The Government of Tanzania has begun preparing a new national guideline aimed at simplifying and promoting investment in the fisheries sector, in a move expected to boost productivity and strengthen the country’s blue economy.

The initiative is being led by the Ministry of Livestock and Fisheries in collaboration with key stakeholders from government institutions and the private sector, including the President’s Office – Regional Administration and Local Government (PMO-RALG) and the University of Dodoma.

The development process was discussed on May 16, 2026, in Dodoma during a technical meeting that brought together experts from different sectors. 

Speaking on behalf of the Permanent Secretary of the Ministry, the Director of Research, Training and Extension (DRTE), Samwel Mdachi, said the guideline is designed to provide clear and practical information on investment opportunities in the fisheries sector.

He said the main goal is to develop a tool that will clearly show available opportunities in fisheries and the blue economy, making it easier for investors to understand where and how they can participate.

According to him, the guideline will highlight key areas such as fish farming, fish processing, aquaculture development, and value addition, all of which are expected to attract more investment and create employment opportunities for citizens.

The government noted that the new framework will also help remove existing challenges that have limited investment in the sector. 

By providing clear and reliable information, the guideline is expected to improve transparency and encourage both local and foreign investors to engage more confidently in fisheries development.

Stakeholders emphasized that the document will serve as a practical reference for investors by outlining investment areas, available opportunities, and procedures for entering the sector. 

This is part of broader government efforts to strengthen the blue economy and ensure the fisheries sector contributes more effectively to national development.

The meeting was supported through the TASFAM Project, which continues to support government efforts in research, capacity building, and investment planning in the fisheries sector.

Once completed, the guideline is expected to improve coordination in the sector, attract new investments, and enhance productivity in both marine and inland fisheries. 

It is also expected to create more jobs and increase income opportunities for communities involved in fishing and aquaculture activities.

Overall, the initiative is seen as a key step in unlocking the full potential of Tanzania’s fisheries resources and strengthening the country’s position in the growing blue economy.

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