INVESTMENT GUIDE
guide-simiyu
guide-simiyu
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• Simplified bureaucracy, streamlined through the acclaimed services<br />
of the Tanzania Investment centre, which is a one-stop facilitation<br />
agency of government serving registered investors and businesses;<br />
• Successful economic liberalization measures commended by both<br />
the World bank and the IMF with business-supportive legislation<br />
continually being improved through genuine dialogue between<br />
government and the private sector;<br />
• A well balanced package of incentives to investors with additional<br />
negotiated benefits to strategic investors;<br />
• Rapidly emerging as the most effective entry point and gateway for<br />
trade into eastern, Southern and Central Africa;<br />
• Lucrative investment opportunities in infrastructure, privatization and<br />
value adding facilities;<br />
• Investment guarantees, and settlement of disputes; investments in<br />
Tanzania are guaranteed against political risks, nationalization and<br />
expropriation;<br />
• Any foreign business operating in Tanzania may obtain credit from<br />
domestic financial institutions up to the limits established by the Bank<br />
of Tanzania; major banks like Standard chartered, ABSA, Barclays,<br />
Citibank, Stanbic, Exim have invested in Tanzania;<br />
1.1.2 Why should one invest in Simiyu Region?<br />
Simiyu is among the new regions in the country. Simiyu Region covers a<br />
total area of 23,807.7 square kilometers, which is equal to 23,807,700<br />
hectares. The region marks the fifth year this year since it was established in<br />
2012. In other words, Simiyu is still a new region among 30 administrative<br />
regions in the country and thus it needs special attention for business and<br />
investment. Simiyu Region is linked to Kenya, Uganda, Burundi, Rwanda,<br />
and DRC.<br />
The following are among the reasons why you should invest in Simiyu:<br />
• The region is suitable for investment due to good climate, which<br />
is suitable for tourism, agriculture and livestock production. Peace<br />
2 | SIMIYU REGION <strong>INVESTMENT</strong> <strong>GUIDE</strong>