Tanzania Investment Centre (TIC) to Launch One-Stop Electronic System Center for Streamlined Investment Processes.

Tanzania Investment Centre (TIC) to Launch One-Stop Electronic System Center for Streamlined Investment Processes.

In an epoch-making event heralding the grand opening of East and Central Africa’s largest glass manufacturing facility, Sapphire Float Glass, in the picturesque Pwani region, President Samia Suluhu made a profound statement that reverberates through the very core of Tanzania’s administrative infrastructure.

She introduced a monumental investment opportunity and underscored the remarkable harmony underpinning the nation’s multifaceted systems, spanning from business registration and investment facilitation to revenue collection.

President Samia’s pronouncements promised a transformed investment landscape fortified by the relentless pursuit of streamlined service delivery systems. One of the most eagerly awaited developments in this regard is the impending launch, set for September 25, 2023, of the Tanzania Investment Electronic Investment Window (TIEW), a groundbreaking digital platform to revolutionise the investor experience by simplifying and expediting crucial processes.

President Samia reaffirmed her government’s unwavering commitment to enhancing service delivery systems, a pivotal strategy to alleviate bureaucratic impediments in the investment landscape. An exciting development on this front is the imminent launch, on September 25, 2023, of the Tanzania Investment Electronic Investment Window (TIEW) by Prime Minister Kassim Majaliwa. This digital platform is poised to revolutionize the way investors interact with government institutions by streamlining and simplifying crucial processes.

The TIEW system boasts a sophisticated integration architecture, linking a constellation of government bodies responsible for granting permits and licenses to investors. Key stakeholders include the Business Registration and Licensing Agency (BRELLA), the Tanzania Revenue Authority (TRA), the Tanzania Investment Centre (TIC), which oversees the issuance of licenses and investment certificates, and the Labor Commissioner for work permits. Additionally, immigration services for work permits will be accessible through this unified portal.

Furthermore, these institutions will be interconnected with the National Identification Agency (NIDA) and the Ministry of Land, significantly expediting procedures for foreign investors seeking land-related approvals. This visionary approach ensures that once an investor’s information is entered into any government system, it becomes readily accessible to all relevant government bodies. Consequently, investors will no longer encounter the redundant task of submitting the same information repeatedly.

As part of this initiative, the TIC will introduce comprehensive guidelines for service providers catering to the needs of investors, particularly those operating from abroad. This enhancement will further facilitate a more efficient, transparent, and investor-friendly environment.