Bahari Beach is a 140 acre area located on the northern outskirts of Dar es Salaam. The potential resident population can reach 10,000 and commercial units can serve an additional 1,000,000 people. Bahari Beach consists of:
- Executive villas, townhouses, and apartments (1000 housing units, 250 office units ) Five Star
- Luxury Hotel Hospital Recreational center school (nursery & primary school) Service station
- Commercial Complex of at least 40,000 sqm comprising of a shopping mall, banking facilities,
- Recreation activities, restaurants, supermarkets, cinema halls and many other facilities.
- Ferry service that will link the rich, sandy Bahari Beach to the main Dar es Salaam port and the exotic islands of Zanzibar.
Investment in Tanzania
Political Stability
- Consistent Governance: Tanzania has a stable political environment with a history of peaceful transitions of power, promoting investor confidence.
- Strong Institutions: The country’s institutions, including the judiciary and regulatory bodies, are reliable and supportive of business activities.
- Government Support: The Tanzanian government actively encourages foreign investment through favorable policies and investment incentives.
Economic Growth
- Robust Growth Rate: Tanzania has demonstrated significant economic growth over the past decade, averaging around 6-7% annually.
- Diverse Economy: The economy is diversified across various sectors, including agriculture, mining, tourism, and manufacturing, reducing dependency on any single industry.
- Development Initiatives: Ongoing infrastructure projects and economic reforms are aimed at sustaining and enhancing economic growth.
Chinese Investment
- Significant Presence: China is a major investor in Tanzania, contributing to key sectors such as infrastructure, mining, and energy.
- Infrastructure Development: Chinese investments have led to the development of vital infrastructure projects, including roads, railways, and ports, improving connectivity and logistics.
- Trade Relations: Strong bilateral trade relations with China open up markets for Tanzanian products and facilitate technology and knowledge transfer.
Strategic Location
- Gateway to East Africa: Tanzania’s geographical position makes it a strategic gateway to East African markets, providing access to over 400 million people.
- Port Facilities: The Port of Dar es Salaam is one of the largest and busiest ports in East Africa, serving as a key entry and exit point for regional trade.
- Regional Integration: Tanzania is a member of regional economic communities such as the East African Community (EAC) and the Southern African Development Community (SADC), enhancing trade and investment opportunities.
These factors collectively make Tanzania an attractive destination for investment, offering a stable and growing economic environment, substantial Chinese investment, and strategic advantages in location and infrastructure.
Quick Facts
- Tanzania is located in Central East Africa with about 1,400km of coastline along the Indian
Ocean. - It is well situated geographically bordering Burundi, Kenya, Malawi, Mozambique, Rwanda,
- Uganda, Zambia and the Democratic Republic of Congo.
- It is the economic hub of East Africa providing natural access and commercial links to eight countries.
- Tanzania is the right platform for businesses vying to develop or expand opportunities in the wider region.
Why Invest in Tanzania?
Political Stability
One of the most stable African nations
Regional economic integration with the EA and SADC states.
Economic Stability
Economic growth averaging at 7% for the last two decades.
Abundant natural resources.
Business Friendly
Foreign Investors benefiting from fiscal and non-fiscal incentives as well as ease of
establishing businesses through the TIC
Protection of private property and free repatriation of capital and profits.
Absence of capital gains taxes.
Capital markets in early stage of development but making excellent strides
High demand for housing and commercial properties