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Channel: Economy of Tanzania in 2023 and 2024- March 2024 Update
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Tanzania Breaks Investment Records in 2024 with US$ 7.7 Billion in Projects

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The Tanzania Investment Centre (TIC) announced that it registered 842 projects worth US$ 7.7 billion in 2024, achieving 88.2% of its target of 1,000 projects. This marks the highest investment value since 1991, with the manufacturing and transport sectors leading in project numbers and investment value. The registered projects are expected to create 248,078 jobs, reflecting significant progress driven by government initiatives and a new investment law.

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