Tanzania launches survey to assess foreign investment impact

DAR ES SALAAM: THE Bank of Tanzania (BoT), National Bureau of Statistics (NBS) and Tanzania Investment and Special Economic Zones Authority (TISEZ) have jointly launched surveys of companies with foreign liabilities to assess the impact of foreign private investments on the domestic economy.

According to a joint statement issued on Thursday by the three government entities, the survey will also update the balance of payments and international investment position, while informing policy formulation.

By understanding the scale, sectors and effects of these investments, policymakers can better tailor strategies to maximise benefits such as job creation, technology transfer and sustainable growth, while managing potential risks.

The findings will help strengthen economic planning, attract responsible investment and promote a more resilient and inclusive domestic economy.

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The survey will cover equity and non-equity data for 2024 and will be conducted from July to September this year, targeting selected companies with foreign liabilities operating in Tanzania.

The statement urged companies to fully cooperate with researchers and enumerators during their visits, accurately complete the survey questionnaires and submit the required data.

Additionally, companies are required to provide their audited financial statements for 2024 and return the completed questionnaires within one week of receipt to ensure timely processing.