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.
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