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Browsing: Tanzania Investment Centre (TIC)
- Tanzania garnered $1.2 billion (approximately Sh2.8 trillion) in investment through projects filed with the Tanzania Investment Centre (TIC) from January to March, compared to $787.4 million (Sh1.8 trillion) in 2022
- According to the most recent TIC report, the investment will be invested in 93 projects that would create more than 16,400 job possibilities
- Domestic sources made significant contributions, contributing US$887 million, or 76 per cent, of the total permitted investments ,US$276 million, or 24%, came from overseas sources.
Due to an improvement in the economic climate, Tanzania had a 52.4 per cent rise in investment over the first quarter of this year compared to the same period last year.
Tanzania garnered US$1.2 billion (approximately Sh2.8 trillion) in investment through projects filed with the Tanzania Investment Centre (TIC) from January to March, compared to US$787.4 million (Sh1.8 trillion) in 2022.
According to the most recent TIC report, the investment will be …