The Tanzania Investment Centre (TIC) has registered 2,020 investment projects between March 2021 and February 2025 under President Samia Suluhu Hassan’s administration, marking a 177.47% increase compared to the 728 projects registered from March 2018 to March 2021, which represented a 63.19% growth.
Speaking at a press conference on February 27, 2025, in Dodoma, TIC Executive Director Gilead Teri highlighted the Centre’s achievements over the past four years, emphasizing the impact of President Samia’s pro-investment policies and economic diplomacy.
Teri noted that President Samia’s engagements in the U.S., China, South Korea, the European Union, South Africa, Turkey, and Egypt have boosted investor confidence, leading to increased domestic and foreign investments.
He detailed that 34% of the new investments are from Tanzanians, 42.6% from foreign investors, and 23.1% from joint ventures.
The registered investments have created 523,891 jobs, a major rise from the 104,172 jobs generated between 2018 and 2021.
TIC’s revenue collections have also increased from an average of TZS 400 million to TZS 1 billion per month.
The total capital investment value of these projects stands at US$23.67 billion, reflecting a 188% increase from the US$8.2 billion recorded in the previous period.
Looking ahead, TIC aims to attract 1,500 new investment projects and US$15 billion in capital by December 2025, with a focus on manufacturing, agriculture, transport, energy, tourism, mining, and services.
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