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The role of informal microfinance institutions in saving

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Investment Guarantee Agency (MIGA) and International Center for Settlement <strong>of</strong><br />

Investment Disputes (ICSID).<br />

Tanzania has <strong>in</strong>troduced favorable tax and regulatory treatment for all <strong>in</strong>vestors and<br />

has accelerated and streaml<strong>in</strong>ed the handl<strong>in</strong>g <strong>of</strong> <strong>in</strong>vestment proposals. Access to<br />

foreign exchange for repatriation <strong>of</strong> pr<strong>of</strong>its is guaranteed.<br />

2.1.5: AREAS TO INVEST IN TANZANIA.<br />

1. Manufactur<strong>in</strong>g <strong>in</strong>dustries: animal- feed process<strong>in</strong>g, agro-based <strong>in</strong>dustries, beverages,<br />

textiles and leather goods, steel and metal eng<strong>in</strong>eer<strong>in</strong>g, cement and ceramics,<br />

electrical eng<strong>in</strong>eer<strong>in</strong>g, electronic eng<strong>in</strong>eer<strong>in</strong>g, pr<strong>in</strong>t<strong>in</strong>g and publish<strong>in</strong>g,<br />

pharmaceuticals, fish process<strong>in</strong>g and cann<strong>in</strong>g, fishnets, packag<strong>in</strong>g, general process<strong>in</strong>g<br />

and cann<strong>in</strong>g, bottles and glassware, pa<strong>in</strong>ts and automotive eng<strong>in</strong>eer<strong>in</strong>g.<br />

2. Pet<strong>role</strong>um and m<strong>in</strong><strong>in</strong>g: exploration and production <strong>of</strong> oils and gas, gold,<br />

diamonds, gemstones, and all other m<strong>in</strong>erals, metallic and non-metallic.<br />

3. Construction: hotels and other tourist accommodation, residential houses,<br />

commercial build<strong>in</strong>gs, warehouses and <strong>in</strong>dustrial sheds, estates and factory build<strong>in</strong>gs.<br />

4. Transport: road and haulage, coastal shipp<strong>in</strong>g, air charters and airl<strong>in</strong>es.<br />

5. Transit trade: all activities relat<strong>in</strong>g to transit <strong>of</strong> goods to neighbor<strong>in</strong>g countries, and<br />

to the re-export <strong>of</strong> goods that have value added <strong>in</strong> Tanzania.<br />

6. Computers and high-tech <strong>in</strong>dustries: activities relat<strong>in</strong>g to the manufacture, assembly,<br />

market<strong>in</strong>g, servic<strong>in</strong>g, utilization, and human resources development on computers<br />

and related fields.<br />

7. Agriculture: tea, sisal and products, coconuts, wheat, cashew nuts, palm oil, sugar,<br />

castor oil, parley, fruit, vegetables and flowers for export.<br />

101

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