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INVESTMENT GUIDE

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FOREWORD<br />

The Simiyu investment guide is in line with the overall investment policy of<br />

Tanzania, only that it presents what investment opportunities are available<br />

at the regional level. It is also in line with the vision of Simiyu as articulated<br />

by the Hon. President of the United Republic of Tanzania on January 11,<br />

2017, the Simiyu Regional Development and LGAs Development Plans<br />

aligned with National development frameworks such as the Tanzania<br />

Development Vision 2025 and National Five Year Development Plan<br />

2016-2021 (FYDP II).<br />

This investment guide provides investment information to prospective<br />

local and foreign firms, individuals, and resources that attract them to<br />

exploit investment potentials in Simiyu in order to stimulate business and<br />

enterprise development to execute the development pathway of the region<br />

as expressed by the Regional Secretariate. It is also intended to enhance<br />

Simiyu’s competitiveness in areas where it has strengths and emerging<br />

economic potentials. Other objectives are to foster the productive capacities<br />

in key primary sectors and industries, and to sustainably augment the GDP<br />

and inclusive and resilient economic growth needed to accelerate societal<br />

development and well being of Simiyu and Tanzania at large.<br />

Thus, the Simiyu region and its Local Government Authorities (LGAs) have<br />

resolved to prioritize all investment initiatives and provide political support,<br />

attractive incentives and support services for investors, when setting up<br />

a business in the region., In addition, the Simiyu Regional Office and<br />

Bariadi, Busega, Itilima, Maswa, and Meatu LGAs will provide a satisfactory<br />

conducive policy, regulatory, and business environment, and are available<br />

to provide further details on the selected strategic and viable opportunities<br />

to interested investors.<br />

I would like to express my gratitude to the United Nations Development<br />

Programme (UNDP) for the financial support and the Economic and Social<br />

SIMIYU REGION <strong>INVESTMENT</strong> <strong>GUIDE</strong> | iii

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