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Investment Policy Review - Tanzania

image of Investment Policy Review - Tanzania

Investment Policy Reviews are intended to help countries improve their investment policies and to familiarize Governments and the international private sector with an individual country's investment environment. This publication was initiated at the request of the Government of Tanzania and it is hoped that the analysis and recommendations made will contribute to an improvement of policies, promote awareness of investment opportunities and serve as a catalyst for increased investment in to the United Republic of Tanzania.

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Conclusions and recommendations

Tanzania has emerged from a lengthy period during which state ownership and control dominated most aspects of economy and society. After a hesitant start, the reform process quickened in the late 1990s, characterized by, for example, improvements in the investment framework, successful privatization and an upturn in economic growth and other macroeconomic indicators. The new investment climate is attractive to foreign investors, as evidenced by increased FDI inflows. But these inflows have not yet reached the levels satisfying Tanzania's needs and expectations and, most importantly, potential.

English

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