TISEZA earns 10b US dollars from 915 registered investment projects

BAGAMOYO: THE Tanzania Investment and Special Economic Zones Authority (TISEZA) has broken a record by registering a total of 915 investment projects valued at 10.95 billion US dollars during the period from January to December 29, 2025.

This represents an increase compared to the 901 projects registered in 2024.

The announcement was made by the Minister of State in the President’s Office for Planning and Investment, Professor Kitila Mkumbo, during a ceremony to award investment certificates to investors in the Bagamoyo area and to present the 2025 investment performance report. The event was held today, December 30, 2025, in Bagamoyo District, Coast Region.

Professor Mkumbo stated that the projects were registered across various sectors, including manufacturing, building construction, and transportation, and are expected to generate more than 161,678 jobs for Tanzanians. He explained that among the registered projects, 182 are joint ventures between local and foreign investors, 284 are owned by Tanzanians, while 442 are owned by foreign investors.

During the ceremony, Professor Mkumbo awarded investment certificates to five investors in the Bagamoyo area. These included Canal Industries, a company producing plastic packaging materials, and MCGA Auto, an automobile assembly plant that has invested USD 50 million. Other investors who received certificates were Jaribu Cashew Production Limited, Novara Steel Global Limited, and Grosso Engineering and Fabricator Limited.

Speaking on the implementation of the investment certificates, TISEZA Director General, Mr. Gilliard Teri, said that investors allocated special investment zones are required to commence development within one year from the date of allocation.

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Professor Mkumbo also warned that investors who fail to meet the stipulated conditions will have the land granted to them free of charge by the government repossessed.

Meanwhile, Professor Mkumbo noted that Tanzania has improved its ranking from 11th to 9th place in Africa in 2025 among countries with the most attractive investment climates, surpassing several East African nations.

He attributed the improved ranking to various reforms, including the establishment of a One Stop Investment Centre, tax incentives for investors, and increased investment in special economic zones. He emphasized that the government’s goal is to ensure that by 2030, Tanzania ranks among the top three African countries with the most favorable investment environments.

According to a research report released by Africa Business Insider, Professor Mkumbo said that the leading African countries in terms of favorable investment environments are Seychelles, followed by Mauritius and South Africa.