Record Investments Drive Job Creation and Industrial Growth in Tanzania

A total of 915 projects, valued at about $10.95bn, were registered between January and December, according to official data, marking the highest annual investment intake since independence. The figure exceeds the 901 projects worth $9.3bn recorded in 2024.

Speaking in the Coast Region on Tuesday, the Minister of State in the President’s Office for Planning and Investment, Kitila Mkumbo, said the performance had surpassed the government’s annual target of $10bn in registered investments.

“This level of project registration demonstrates Tanzania’s steady investment climate within the African context,” Mkumbo said, attributing the growth to regulatory predictability, institutional reforms and political stability.

More than half of the projects about 51% involved Tanzanian investors, either as sole owners or through joint ventures, reflecting what officials describe as rising domestic participation in the economy.

The projects span manufacturing, agriculture, transport and commercial construction and are expected to create more than 168,000 jobs once fully operational, including skilled positions in engineering and science-based fields.

Mkumbo urged young Tanzanians to pursue science and technical education to take advantage of emerging employment opportunities linked to industrial expansion and technology transfer.

He said the investment surge marked a significant turnaround from 2021, when Tanzania registered 252 projects worth $3.79bn, shortly after President Samia Suluhu Hassan took office.

The government has prioritised investment facilitation through the Tanzania Investment and Special Economic Zones Authority (TISEZA), which operates a one-stop centre bringing together 14 public agencies, including the tax authority and business registrar. Officials say investment permits can now be issued within 24 hours.

Looking ahead, the government aims to attract $15bn in new projects in 2026 and a cumulative $50bn by 2030.

Tanzania currently ranks ninth in Africa for investment attractiveness, up from 12th in 2024, according to Business Insider Africa. China was the largest foreign investor in 2025, followed by the United Arab Emirates and the United Kingdom.

Regionally, the Coast Region led job creation with more than 86,000 positions, followed by Dar es Salaam, Arusha, Dodoma and Mwanza.

Notes to Editors

·      Tanzania registered a record 915 investment projects worth approximately $10.95bn in 2025, the highest annual total since independence.

·      More than half of the registered projects involved Tanzanian investors, highlighting growing domestic participation alongside foreign investment.

·      The projects span key sectors including manufacturing, agriculture, transport and construction and are expected to generate over 168,000 jobs.

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