Why it's a good time to invest in these 13 manufacturing sector in Tanzania?

BY DIRAMAKINI

TANZANIA’s industrial sector has evolved through various stages since independence in 1961, from nascent and undiversified to state-led import substitution industrialization, and subsequently to de-industrialization under the structural adjustment programmes and policy reforms. 

The current development agenda, however, has brought industrial development back to be one of the policy priorities. 

According to Tanzania Investment Centre (TIC),Under Manufacturing sector, Tanzania offers opportunities for;

• Establishment of SEZs/EPZs, Industrial parks and logistics centres,
• Etablishing motor vehicle and motorcycle assembly plants and spare parts production facilities for domestic and regional markets,
• Construction of a liquefied natural gas (LNG) plant and
• Construction, rehabilitation and providing requisite support to strategic pharmaceutical industries,
• Production of construction materials such as ceramics and cement,
• Development of iron and steel industries,
• Agro-industries and agro-processing to add value to agricultural, livestock, forestry and fisheries products.
• Sugar industry (considering a demand gap currently met through imports).
• Increasing domestic edible oil production (there is a need to reduce dependence on imports).
• Food and beverages manufacturing has a lot of potential and includes manufacturing, processing, and preservation of meat, fish, fruit, vegetables, oils and fats;
• Manufacture of dairy products; manufacture of grain mill products, starches and starch products and prepared animal feeds;
• Manufacture of other food products (e.g. bread, sugar, chocolate, pasta, coffee, nuts and spices)
• The manufacture of bottled and canned soft drinks, fruit juices, beer, and wines.
  

  Quick Facts

• Tanzania is fully reliant on imported automotive products such as passenger cars
• Tanzania has made discoveries of natural gas, soda ash, and other minerals required for petrol, gas, and chemical industries
• Tanzania has a sugar demand gap of about 220,000 tons met through imports
• In 2015 Tanzania imported 60% of its edible oil
• Tanzania is identified as one of the 20 countries that will in the near future offer the most opportunities for consumer goods companies globally, particularly for food and beverages