INVESTMENT DEVELOPMENT DIVISION
Head of Department,Acting Director: Aristides Mbwasi

Objective

To improve and sustain Investment development.

Functions

This Division will perform the following functions:-

  • To develop, review and monitor implementation of Investment policy, strategies, plans, programs and legislations;
  • To oversee investments projects in collaboration with other stakeholders;
  • To provide advice on the matters pertaining to investment;
  • To facilitate provision of adequate, accurate and timely information for investment decision;
  • To develop and strengthen linkages between local and foreign investors; and
  • To facilitate foreign investments in all sectors of the economy.

This Division will be led by a Director and will have two (2) Sections as follows:-

  • Investment Facilitation Section; and
  • Investment Monitoring Section.

Investment Facilitation Section

 This Section will perform the following specific activities:-

  • Develop and implement strategies to improve doing business and investment environment;
  • Coordinate implementation of the Government Road Map for Improvement of Business Environment and Investment Climate in Tanzania;
  • Monitor and evaluate implementation of Comprehensive Action Reform by implementing MDAs;
  • Review Tanzania’s annual performance in the ease of doing business report and provide recommendation for strategy to improve the Country ranking;
  • Develop and implement strategies to facilitate domestic and foreign investment;
  • Coordinate and follow-up on Local and International fora to improve relations and investment environment;
  • Make timely intervention with relevant Institutions to resolve bottlenecks confronting investors;
  • Coordinate participation of Tanzania in the Regional investment initiatives;
  • Facilitate negotiation and contract management for local and foreign investment;
  • Collect and disseminate information on  investment opportunities emanating from Bilateral, Regional and Multilateral treaties and agreements; and
  • Coordinate cross-cutting matters pertaining to investment projects.

          This Section will be led by an Assistant Director.

Investment Monitoring Section

This Section will perform the following activities:-

  • Develop, review and monitor implementation of Investment policy, strategies, plans, programs, legislations;
  • Prepare and implement Monitoring and Evaluation Framework for investment;
  • Monitor and evaluate performance of investment projects contracts and agreements;
  • Undertake periodic cost benefit analysis on the effectiveness of incentives accorded to investors by the Government and advice accordingly;
  • Establish and update an  investment data base;
  • Asses investment social Impacts in line with investment policy; and
  • Oversee investment promotion institutions.

This Section will be led by an Assistant Director.