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INVESTMENT GUIDE

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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>

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