Manufacturing

Investing in the manufacturing sector in Tanzania offers numerous opportunities, particularly in agro-processing, food production, and infrastructure projects. Here's an overview of how to proceed with investing in this sector:

Steps to Invest in Manufacturing in Tanzania:

1. Research Opportunities: Tanzania’s manufacturing sector has shown steady growth, with key areas for investment including agro-processing, food and beverage production, cement and construction materials, and vehicle assembly. Notable opportunities exist in establishing industrial parks, creating vehicle assembly plants, and developing agro-industries​
2. Registration: The first step for foreign and local investors is to register their project with the Tanzania Investment Centre (TIC). Investors must submit their proposal and business plan for evaluation. This is done through the TIC’s online portal​
3. TIC Incentives: Investors may benefit from various incentives, including tax exemptions on equipment and machinery, import duty exemptions, and other fiscal incentives, particularly when establishing projects in Special Economic Zones (SEZs) or Export Processing Zones (EPZs)​
4. Choose the Right Location: Tanzania offers several industrial zones, including SEZs, EPZs, and free trade zones, which offer additional incentives for manufacturing projects. The proximity to infrastructure like ports (Dar es Salaam Port) and airports is also a key factor​
5. Investment Type: Manufacturing investments can take several forms, including wholly-owned foreign ventures, joint ventures with Tanzanian partners, or local investments. There has been a significant increase in joint ventures, particularly in the manufacturing sector​
6. Key Sectors for Manufacturing Investment: These include food and beverage production, the sugar industry (with a current demand gap), edible oils, dairy products, and agro-processing industries. There are also opportunities in iron, steel, and cement production​
7. Regulatory Approvals: Investors must also obtain the necessary regulatory approvals for their specific manufacturing operations, including environmental impact assessments (EIA), land use permits, and business licenses. TIC assists with its after-care services to guide investors through the regulatory framework