Thursday, September 19, 2019

“THE REVIEW OF THE NATIONAL INVESTMENT PROMOTION POLICY OF 1996” NATION-WIDE CALL FOR INPUTS

THE UNITED REPUBLIC OF TANZANIA 

PRIME MINISTER’S OFFICE

(POLICY, COORDINATION AND INVESTMENT) 


 “THE REVIEW OF THE NATIONAL INVESTMENT PROMOTION POLICY OF 1996” NATION-WIDE CALL FOR INPUTS 


The Government of the United Republic of Tanzania through the Prime Minister’s Office (Policy, Coordination and Investment) is undertaking the review of the National Investment Promotion Policy(NIPP) of 1996. This policy was formulated as part of the Government efforts in addressing the challenges facing the country in meeting its socio-economic aspirations given the resources and other intangible advantages that it enjoys. In addition, the review has been necessitated by various business and investment changes in the global, regional and national spheres since its inception in 1996. Moreover, the review will among others, form the basis for the formulation of the new National Investment Policy and its Implementation Strategy so as to align with and accelerate the realization of the aspiration of attaining the mid-income country as per Tanzania Development Vision 2025. Either, the process will sustain the country in optimizing the opportunities arising from the attainment of the middle income economy status.
Additionally, the Policy review process is embracing the principles of transparency, inclusiveness and consultation with all nationwide stakeholders. In that regard, the Government is hereby inviting the general public to submit their views, opinions and recommendations to foster the review process. The inputs provided will be treated with complete confidentiality and confined to this process only.
Inputs are invited, but not limited to the core areas identified here under: 

1.     Effective utilisation of national endowment
2.     Mobilization of domestic and international financing for investments 
3.     Provision of enabling physical infrastructure (Water, Electricity, Energy, Roadway, etc)
4.     Improvement of export competitiveness 
5.     Institutional framework to support investment development
6.     Land acquisition and ownership for investment
7.     Regulatory Framework including licensing, permits and approval processes for investment 
8.     Human capital development 
9.     Technological advancement and adoption 
10.  Investment incentives 
11.  Legal and Institutional Framework for investment
12.  Bilateral and Multilateral Investment Agreements and Treaties  
13.  Investment Disputes Settlements 


Kindly submit your inputs to Email: investmentpolicy@pmo.go.tzor Postal Address: Permanent Secretary, Prime Minister’s Office, (Policy, Coordination and Investment), P.O BOX 980, Government City, MtumbaDODOMA not later than 20thSeptember, 2019.

ISSUED BY THE GOVERNMENT COMMUNICATION UNIT 
PRIME MINISTER’S OFFICE, DODOMA-2NDSEPTEMBER,2019

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