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Tanzania has a stable and peaceful socio-economic
environment, free of ideological confrontation, ethnic strife
and labour disputes.
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Tanzania adheres to a free market economy
and private-sector activity. Government-owned companies are under
privatisation and divestiture.
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Tanzania has a vast, under-explored and still
largely untapped wealth of natural resources, as well as tremendous
agricultural, mineral and energy opportunities.
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In terms of human resources, Tanzania has
a large, trained, friendly, economical and hard working labour
force.
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Tanzania has attracted a growing number of
investors and entrepreneurs who are looking at the country with
a light of its economic rebirth since the mid- 1980's, embodied
in its far- reaching macro-economic reform programs.
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Tanzania has good communications with all
parts of the world and enjoys a strategic location in terms of
regional and international commerce. It is situated at the cross-roads
of maritime trade traffic.
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Tanzania is accelerating its progress in the
field of infrastructure, especially in transport, communication
and energy.
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Tanzania is a recipient of massive support
and investment from major international financing institutions,
such as the World Bank, IMF and other donor agencies
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Tanzania is a member of the Southern African
Development Community (SADC), Preferential Trade Area (PTA), the
recently revived East African Co-operation (EAC), signatory of
the EEC/African Lome Convention as well as a member of the Multilateral
Investment Guarantee Agency (MIGA) and International Centre for
Settlement of Investment Disputes (ICSID).
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Tanzania has introduced favourable tax and
regulatory treatment for all investors and has accelerated and
streamlined the handling of investment proposals. Access to foreign
exchange for repatriation of profits is guaranteed.
