Tanzania needs to attract more investment that brings advanced technology into the country to boost production, create jobs and strengthen the competitiveness of locally made products, the Tanzania Investment and Special Economic Zones Authority (TISEZA) has said.
TISEZA Director General Gilead Teri said technology-driven investment was critical to improving the quality and protection of locally manufactured goods while helping Tanzanian businesses compete in domestic and international markets.
Mr Teri made the remarks on September 2, 2026, at the Tanzania Anti-Counterfeit and Investment Protection Forum held at Johari Rotana in Dar es Salaam.
He said investment was an important driver of economic growth through job creation, increased government revenue, higher production, foreign exchange earnings and technology transfer.
“Investment has a significant contribution to employment creation, government revenue, production, foreign exchange availability and technology transfer,” Mr Teri said.
He cited South Korean company Nano Silkhan as an example of an investor bringing technology that could help manufacturers authenticate and protect their products against counterfeiting.
Mr Teri said the adoption of such technologies could benefit both foreign investors and domestic producers by strengthening product protection and improving consumer confidence.
He said TISEZA was working with government institutions and the private sector to ensure goods produced in Tanzania meet required standards and are adequately protected from counterfeit products.
“Protecting products is important for building confidence in Tanzanian goods in the domestic, regional and international markets,” he said.
Mr Teri said stronger product protection would also support industrialisation by creating a more favourable environment for manufacturers to expand production and invest in new technologies.
He urged Tanzanian businesses to embrace modern technologies to protect their products and services, improve quality and enhance their ability to compete in increasingly competitive markets.
He also commended investors bringing new technologies and expanding production capacity in Tanzania, saying such investments could generate benefits beyond capital inflows by strengthening local industrial capabilities.
The forum brought together stakeholders from government and the private sector to discuss measures to combat counterfeit products and strengthen investment protection, amid efforts to promote a more competitive manufacturing sector in Tanzania.