African nation Tanzania is looking for investments. The country offers a friendly business environment, underwritten by good investment policy and legislation, as well as a geographic location that makes her a natural regional business hub.

The country has a sizeable market of 48 million people, has raw materials, semi-skilled and skilled labor as well as great incentives for investment. Investments in Tanzania are guaranteed against political risks. The country enjoys an abundance of natural wealth, including unexploited mineral wealth. The climatic and soil conditions give it a comparative advantage in farming a variety of crops.

Tanzania has quota free and duty free entry to the US, Canada, South Korea, China, Japan. So a factory established in Tanzania has a larger market than the national borders. Currently VF Corporation is placing orders in one factory in Tanzania and is considering increasing purchasing from other sewing factories in the country.

Investors are not compelled to enter into joint ventures. Foreigners can have 100 per cent owned investment. Moreover Tanzanian currency is freely convertible to all major currencies and transfer of capital and profit is allowed. Some companies from the UAE have already invested in Tanzania in the petroleum exploration, tourism, mining and other sectors.