Saturday, February 21, 2009

Invest in Tanzania

Tanzania is a hidden gemstone for investors in Africa. With its sound macroeconomic policies, vast natural resources, political stability and strong commitment to poverty reduction Tanzania has shown remarkable economic growth during the past decade, with GDP growth rates of 5-7% p.a. The growth has been primarily driven by public investments. Tanzania has the potential to reach even higher growth rates of 8-10% p.a. required to fulfil the government's ambition to become a middle-income country by 2025, but a number of constraints exist.

This report made in July 2008 by the Embassy of DENMARK, highlight some key economic facts and business opportunities.