USAID HUB LAUNCHES TANZANIA INVESTMENT POLICY ASSESSMENT 2018

U.S. Embassy Dar es Salaam TANZANIA

May 23, 2018

FOR IMMEDIATE RELEASE

USAID Hub Launches tanzania investment policy assessment 2018 to stimulate, protect and retain foreign investment

Dar es salaam, Tanzania – Today the U.S. Agency for International Development (USAID) East Africa Trade and Investment Hub (the Hub) launched the Tanzania Investment Policy Assessment 2018 as part of the U.S.-Tanzania Policy and Innovation Forum held in Dar es Salaam. The assessment will serve policy makers, reform agents and investors as they work together to stimulate, protect, and retain greater foreign direct investment (FDI) in Tanzania.

“Through increased private sector investment, Tanzania can address critical infrastructure demands such as affordable energy for all and transportation network, while simultaneously building local human capital, which will push Tanzania into middle-income status and beyond," said Charge d' Affaires of the U.S. Embassy in Dar es Salaam, Dr. Inmi Patterson.

The U.S. Government is committed to working in partnership with the Tanzanian Government and the Tanzanian people to strengthen the legal and regulatory environment for foreign investment, ensuring a stronger and more prosperous Tanzania.

To request more information, please call the U.S. Embassy Dar es Salaam Press Office at Tel: +255 22 229-4000 or email: DPO@state.gov.

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Overview: USAID and The USAID East Africa Trade and Investment Hub

USAID: The United States Agency for International Development (USAID) is the premier international development organization of the United States Government and partners with Kenyan and regional governments, organizations and private sector entities in order to end extreme poverty and promote resilient, democratic societies, while advancing our shared security and prosperity. www.usaid.gov

USAID’s Hub: The USAID East Africa Trade and Investment Hub (the Hub) boosts trade and investment with -- and within -- Africa by deepening regional integration, increasing the competitiveness of select regional agriculture value chains, promoting two-way trade with the U.S. under AGOA and facilitating investment and technology that drives trade growth intra-regionally and to global markets. www.eatradehub.org, info@eatradehub.org