The government has withdrawn from running business. Its role is now that of a policy co-ordinator and regulator. It is encouraging the establishment and expansion of the private sector, which it recognises as the engine for economic development and sustainability. The government implements a revised policy on investment and has formulated regulatory measures in the financial and trade sectors to complement the current investment policy measures. Tanzania enjoys an abundance of natural wealth that offers tremendous investment opportunities for investors.
Mining is another potential sector.
There are huge amounts of untapped minerals which include diamonds, gold, coal, iron ore, gypsum, kaolin, nickel, phosphates, Tanzanites, a variety of other gemstones and other minerals. These are therefore unlimited opportunities for investors. Foreign investor may go it alone do it alone or my enter into joint venture with similar local interests in Tanzania.