Manufacturing takes lion’s share of $135 million northern zone projects
President Samia Suluhu Hassan touring Mwanza Precious Metal Refinery (MMPR) gold refinery after inaugurated the factory worth Sh12.2 billion on June 13, 2021. PHOTO | FILE
Fourteen of the 30 projects cleared by TIC in 2021/22 will see major manufacturing facilities being established in Arusha, Kilimanjaro, Manyara and Tanga regions
Arusha. Manufacturing has once again topped the investment projects cleared for implementation in the northern regions.
Out of 30 projects cleared for implementation by June 30, this year, 14 of them will see the setting up of industrial plants.
The $135.3 million worth projects have been cleared by the Tanzania Investment Centre (TIC) for implementation.
“They are in various stages of implementation although some are yet to take off,” said Mr Daudi Riganda, TIC Northern Zone manager.
Manufacturing is followed by tourism projects, majority of them in the Arusha Region, the most preferred destination of foreign visitors.
Investors will channel a total of $75.5 million in manufacturing projects in the zone against $42.7 million for the hospitality sector.
The 30 projects for the northern zone regions-Arusha, Manyara, Tanga and Kilimanjaro-account for eleven percent of projects endorsed nationally during 2021/22.
During the period of July 2021 to June 2022, a total of 274 projects were cleared by the investment centre countrywide.
If fully implemented they will create a total of 2,661 jobs with industries alone set to attract 1,069 workers.