Tanzania To Improve Business Environment And Boost Tourism With Task Force

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The Tanzania National Business Council (TNBC) has recently announced on its website that it has started meetings in Dar es Salaam to discuss different topics about tourism and business environment in the country.

Tanzania-national-business-council-task-forceThe 8th TNBC meeting started on September 2nd, 2015 and on its first day was chaired by Tanzanian President Jakaya Kikwete.

The objective is to set the council’s guidelines to be more involved on activities and measures to attract local and foreign investments to improve job creation and raise life standards in the country.

During the meeting Tanzania’s economic performances in the last ten years were highlighted, with an average yearly GDP growth of 6.8%, something that has attracted international capitals doubling the Foreign Direct Investment (FDI) net inflows to the country from USD 935 million in 2005, to USD 1,872 million in 2014 according to the World Bank (WB).

Despite the country’s achievements on FDI, Tanzania still have to work on qualitative issues to shift its image to a land that offers transparency and well-organized public and private services, the council pointed out during the first meeting.

In order to achieve this goal, the council will be focused on two task forces, the first one aiming at improving regulations and institutions, access to land, taxation, business establishment fees, corruption, labor laws, and public order.

The second one, focused on the tourism sector, is expected to develop strategies to achieve sustainability of biodiversity and tourist arrivals from the current one million, to ten million by the year 2025.

According to the Tanzania Tourism Board (TTB), the country has officially launched this month two campaigns to brand the country abroad which will be aired in CNN and BBC for six months starting in October, 2015.

Tanzania has also launched the Tourism Destination Portal, an online tourism promotional tool aiming at connecting the Small and Medium Tourism Enterprises (SME’s) in the country, with the international tourism markets and supported by the United Nations Development Programme (UNDP) which currently manages 35 projects and a budget of USD 44 million in the country.