Hangzhou, China- The Minister for Industry and Trade, Ms. Judith Kapinga, has called on Chinese investors to expand their investments in Tanzania. She pointed the country’s solid economic foundation, strategic location and increasing trade opportunities. Speaking at the China–Tanzania Trade and Investment Promotion Conference on March 21, 2026, in Hangzhou, Zhejiang Province, Ms. Kapinga stressed that Tanzania is prepared to strengthen its economic ties with China through greater trade and investment.
She noted that the long-standing ties between Tanzania and China offer a strong base for deeper economic cooperation, especially as the country pushes forward with industrialization and value addition in key sectors.
“China has been a vital partner in Tanzania’s economic growth. Between 2021 and December 2025, Tanzania registered 876 Chinese investment projects worth over $8.8 billion, creating more than 146,000 jobs” She said.
She also emphasized Tanzania’s strategic location, serving as a gateway to regional markets through its membership in the East African Community (EAC) and the Southern African Development Community (SADC), providing access to more than 500 million consumers.
Ms. Kapinga noted that investments have extended beyond job creation, technology transfer and support for import substitution in key industries. Citing successful Chinese-backed projects in manufacturing, steel, ceramics, and industrial parks, she underscored the shared gains of the partnership. The trade between the two countries has been steadily rising to around $2 billion annually.
Ms. Kapinga outlined Tanzania’s key investment advantages. These include a stable political environment, steady economic growth averaging around seven percent over the past decade, an improving business climate driven by ongoing reforms, and a young, expanding workforce.
The minister urged Chinese investors to tap into opportunities in sectors such as industrial parks, manufacturing, agriculture, mineral value addition, renewable energy and logistics. She reaffirmed that the country is open to investment and ready to collaborate.
The speech emphasizes Tanzania’s steady economic growth, political stability, and ongoing reforms, creating a strong perception of reduced investment risk and a reliable business environment.
