The Tanzania Investment and Special Economic Zones Authority (TISEZA) launched five Special Economic Zones (SEZs) across the country, offering strategic land and incentives to attract investment in textiles, pharmaceuticals, agro-processing, automotive assembly, electronics, and green energy.
The five strategic areas are: the Nala SEZ (607 hectares), the Kwala SEZ (40.5 hectares – 100 acres), the Buzwagi SEZ (1,333 hectares), the Bagamoyo Eco Maritime City – BEMC SEZ Phase One (151 hectares), and the Benjamin William Mkapa SEZ (Expansion) covering 13,000 square meters. TISEZA also introduced targeted incentives and strategic land allocation within the selected SEZs to attract investments in priority sectors such as textiles, pharmaceuticals, automotive assembly, agro-processing, electronics, and green energy solutions.
Officiating the event, Tanzania’s Minister of Planning and Investment, Prof. Kitila Mkumbo, emphasized that the government’s investment reforms aim to remove bureaucratic hurdles and ensure that investors, both local and international, receive equal facilitation. Prof. Mkumbo highlighted: “It is not enough to attract investors. We must ensure they can operate and grow profitably. Our priority is to match investment projects with national economic goals and to provide both tax and non-tax incentives to support them.” He noted that launching the SEZs aligns with Vision 2050 targets, particularly in expanding private sector participation in SEZ ownership and management, and ensuring that investments create jobs, increase exports, and generate government revenue.
Read more at: https://www.tanzaniainvest.com/industry/tiseza-special-economic-zones-launch
