DAR ES SALAAM, Jan. 10 (Xinhua) -- Tanzania is projected to register 1,500 investment projects worth 15 billion U.S. dollars in 2025, a cabinet minister said on Friday.
Kitila Mkumbo, minister of state in the President's Office responsible for planning and investment, said the projects would be registered between January and December this year.
He told a news conference in the port city of Dar es Salaam that the new investment projects would focus on manufacturing industries, agriculture, transportation, clean energy, tourism, minerals, and services.
Mkumbo said the government intended to take measures to make the investment environment more conducive for both local and foreign investors, such as the introduction of a new investment bill designed to merge the Tanzania Investment Center with the Export Processing Zone Authority.
He mentioned other measures, including the commencement of the implementation of the Bagamoyo Special Economic Zone, to facilitate the construction of industries.
According to Mkumbo, 901 investment projects worth 9.31 billion U.S. dollars were registered in 2024, creating 212,293 jobs for Tanzanians.
