INVESTMENT GUIDE
guide-simiyu
guide-simiyu
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PART THREE<br />
PRIORITY <strong>INVESTMENT</strong> OPPORTUNITIES<br />
IN SIMIYU<br />
Below is an outline of two main types of investment opportunities,<br />
namely, major strategic 1 investment opportunities and specific investment<br />
opportunities.<br />
3.1 The major strategic investment opportunities in Simiyu<br />
region<br />
Simiyu is one of the regions in Tanzania with attractive investment<br />
opportunities and a dedicated vibrant agricultural and livestock<br />
production, as well as tourist attraction sites in Maswa Game Reserve,<br />
which form part of both Ngorongoro Conservation Area and Serengeti<br />
National Park. The region’s location on Lake Victoria, gives it access to<br />
the East African Community export markets via four major lake ports; it<br />
is bordering with Kenya which is the largest market for various goods in<br />
East Africa.<br />
The region produces half of Tanzania’s output of seed cotton and has<br />
more than 1.5 million cows, 700,000 goats, and 300,000 sheep. In<br />
addition, Simiyu with 24 million hectares of arable land is among the<br />
top five leading producers of rice, cowpeas (choroko), maize, sunflower,<br />
meat, milk, and hides and skins.<br />
The Region plans to stimulate its industrial and economic development<br />
1 Investment by a company that is intended to make it more successful over time, for<br />
example investment in a new business that offers new markets or that is developing new<br />
products:Investment that is intended to be successful/profitable over time; an investment that a<br />
corporation or affiliated firm makes in a young/new company that offers to bring something of<br />
value to the corporation itself; also strategic investment is a transaction that is closely related to<br />
joint ventures or public private partnerrships. In strategic investments, one company makes an<br />
investment in another. These two companies enter into agreements that are designed to serve<br />
shared business goals.<br />
SIMIYU REGION <strong>INVESTMENT</strong> <strong>GUIDE</strong> | 7