United Republic of Tanzania

Investment Policy Monitor

About

UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.

In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.

The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.

Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.
Methodology

The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.

Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.

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United Republic of Tanzania - Implements new Investment Act - reduces incentives for investment (2/2)

Implements new Investment Act - reduces incentives for investment (2/2)

22 Dec 2022

On 2 December 2022, the Parliament of Tanzania passed the new Tanzania Investment Act, 2022 in Kiswahili. The new Act contains additional requirements for investors under the Strategic or Major investment category to qualify for incentives: - a minimum investment capital of $20 million for Tanzanian investors and $50 million for foreign investors. - investors must generate at least 1,000 local jobs, increase exports by at least 50 per cent, stimulate production in various social and economic sectors, introduce new technologies to Tanzanians, and produce products or provide services based on the nation's priorities.

The Act also removed the automatic immigration quota incentive, which was expressly provided for under section 24 of the repealed Act. Previously, an investor registered at the Tanzania Investment Centre would be allowed up to 5 immigration permits, typically for strategic employees.

Type:
- Promotion and facilitation (Investment facilitation , Investment incentives)
Industry:
- Not industry specific
Sources:
- Special Gazette of the United Republic of Tanzania No. 36 Vol. 103 dated 31 st August, 2022, Tanzania Investment Act 2022, https://oagmis.agctz.go.tz/portal/acts/238, 13 Jun 2023

About

UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the Investment Policy Monitors and the UNCTAD-OECD Reports on G20 Measures.

In 2024, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2012 accordingly.

The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.

Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for sustainable development.
Methodology

The UNCTAD's Investment Policy Monitor database include official measures affecting FDI adopted by United Nations Member States. These encompass measures explicitly targeting FDI (FDI-specific), as well as general investment measures with a clear impact on foreign investment (FDI-related). The measures are either reported directly to UNCTAD by Member States through annual surveys or identified by UNCTAD researchers through publicly accessible sources (such as government websites and specialized policy databases). The classification of measures as more or less favourable is based solely on their potential impact on investors.

Note: Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.