INVESTMENT IN TANZANIA HAS INCREASED BY 173% UNDER PRESIDENT SAMIA SULUHU HASSAN’S ADMINISTRATION

According to Tanzania Investment Centre (TIC), investments in Tanzania under Samia Suluhu Hassan’s administration increased from $3.16 billion (roughly Sh7.27 trillion) to $8.64 billion (about Sh19.87 trillion), which is a 173% growth in just two years.

Tanzanians hold 32% of the projects listed as being owned by the present administration, followed by international investors at 41% and joint ventures involving local and foreign investors at 27%.

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