With rapidly growing population and rising incomes, the Tanzanian sugar market growth is estimated at 6% per year; the current sugar supply gap is approximately 300,000 tons, expected to increase sharply as current estates are limited in their expansion, and 400,000 tons sugar supply gap is observed in the EAC common market
Opportunities to establish modern vegetables, fruits, flowers, spices and horticultural seed business operations for domestic, regional and international marketsThere is inconsistent supply of quality products making the country import fruits, vegetables and spices such as tomatoes, onions, garlic and leeks, fresh apples, grapes, pears and quinces and strawberries accounts. There is huge demand for quality horticultural products in both local and export markets. Tanzania’s horticultural exports have increased significantly.
The Government is actively promotingprivate sector and community involvement in management of governmental industrial plantation. It is seeking to encourage companies and individuals to invest in pulp and saw log growing and processing through mutually Public Private Partnership (PPP) arrangements.
Industrial establishments are neededto utilize forests to produce timber, chipboards, plywood, fibreboard, furniture, poles etc.
The manufacturing sector is at its infancystage with few exploited areas whereby unprocessed agricultural commodities have dominated major exports.The opportunities consist of manufacturingsimple consumer goods like food, beverages, textiles, tobacco, wood products, rubber products, iron, steel, and fabricated metal products.
Textile and apparel
Opportunities exist in establishing full-integrated textile mills as well as plants for cotton ginning, cutting, making, and trimming.Since the country is blessed with enough cotton produces to the extent that they sometimes lack market.
Leather sector offers huge investment opportunities for manufacturing. Tanzania produces about 2.6 million pieces of raw hides and skins annually, whereas just 10 per cent are processed locally and a large portion is exported in a raw form. Opportunities in this area include putting up modern tanneries and leather finishing production units.
Export Processing and Special Economic Zones (EPZ) EPZ and SEZ
provide for a wide range of investment operations within the zones or within the stand alone industrial park,investors in this category are provided with operators’ license and start their business immediately without any need of having another license. An investor might choose to invest but not limited to the following sector:
a). Agriculture and agricultural products.
b). Metal products, machinery and transport equipment.
c). Electronics and electrical appliances.
d). Chemical, paper and plastics.
e). Light industries.
f). Mining, ceramics and gemstones
Qualifications to invest in SEZ: Any investor can qualify to invest under Special Economic Zone Scheme provided the fulfillment of the following criteria.
The investment must be new.
Annual export turnover should not be less than US$ 5 million for foreign investors and US$ 1 million for local investors.
Adequate environmental protection systems
Utilization of modern production process and new machinery
Investments must only be located in SEZ industrial parks.
Opportunities exist for manufacturing andsupply of equipment used in bee-keeping such as e.g. bee hives, protective gears, honey presses, honey extractors. Another potential for investing in industriessuch as in manufacturing of bees wax candles, shoe polishes, wood polishes, lubricants and pharmaceutical products. Honey packing plants and other industries, which use honey to make honey beer, wine, and confectioneries also qualifies for investment.
Opportunity to take advantage of the growing gap in rice supply by investing in rice production to serve the rapidly growing market in Tanzania and the region; Tanzania has one of the fastest growing urban populations in East Africa, rising 4.7% per year; the growing middle class prefer rice over other staples; Producers in Tanzania also have duty- free access to the rest of the EAC, SADC and COMESA, where demand and imports are also rising
Tanzania is ranked inthe top 10 countries in terms of total capture fisheries production.The main investment opportunities existingin the fisheries industry are in the following areas: fishing, fish processing, value addition in fish and other fisheries products; cold chain, boat building, construction of a fish harbour, construction of dry docking facility, ecotourism, manufacturing of fishing gear and accessories. Other areas include; prawn/shrimp farming, mud-crab farming, pearl culture, finfish culture, seaweed farming, hatchery for fingerlings production, fishing and culture of ornamental fish, fish feeds production and live food production.
More than 44 per cent of the country’s land area is covered with game reserves and national parks. There are 16 national parks, 29 game reserves, 40 controlled conservation areas, and marine parks. Investments in tourism sector can be in form of provision of accommodation and tourist services; tour operators and agencies;
Tanzaniais richly endowed with a large variety of fruits and vegetables. Less than 10% of fruits and vegetables produced are processed. Potential areas for horticultural crops are Arusha,Kilimanjaro, Tanga, Morogoro, Dar esSalaam, Dodoma, Iringa, Mbeya, Mwanzaand Kagera.
Opportunities to benefit from exponential growth in demand for livestock products across the region; Increased population sizes, urbanization and income levels across Africa are boosting demand for meat; Starting from a per capita consumption of 12kg per year, Tanzania’s demand for meat is expected to triple by 2030, it should also be noted that Tanzania is exporting meat to the neighbouring countries and middle east