Tanzania is an emerging economy with high growth potential. The economy is relatively diversified and there are a number of opportunities that remain untapped in many sectors. Moreover, continuous improvements towards the creation of an enabling environment have been made to make Tanzania the preferred destination for foreign direct investment. Tanzania has also put in place fiscal and non-fiscal investment incentives to provide a soft landing platform to all investors during the initial stage of project implementation. The Tanzania Investment Act 1997, the Export Processing Zone Act 2002, the Mining Act 1998; Petroleum Exploration and Production Act 1980 and the Special Economic Zones Act 2005, are the four major schemes/legislations that provide incentives to interested investors to the country.
Airports are no longer considered a place just for dispensing passengers and cargo into and out of the airport; rather they are becoming more of an airport city where all the needs of airport customers and those of the surrounding public are being met. TAA possesses huge land holdings at its various airports, part of which is earmarked for commercial investments and is offering investment opportunities in the area of service provision and/or marketing including advertisements.
In the area of Service Provision, TAA has identified various viable investment opportunities which are waiting to be taken up. These include among others project in hotel and restaurant services, fuel farms, offices, cold storage facilities, warehouses, petrol stations, commercial complexes, shopping centres, maintenance hangars, car parking facilities, logistic centres, special economic zones and farm produce.
In recent years, Airports have become increasingly become a feasible target market for producers and marketers. Our Airports accept different types of Advertisements both indoor and outdoor.
If you are interested in taking up any of the above investment opportunities kindly liaise with our respective Airport Director/ Manager for more information and assistance by clicking here.
In a nutshell, here are Seven key reasons to invest in Tanzania
Tanzania Airport Authority is here to facilitate your travel to Tanzania!
Click here for information about immigration requirements and opportunities: