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Tanzania’s Window 2014 platform to provide investors with single portal for online services
The Tanzania Investment Centre (TIC) is working on the Tanzania Window 2014 (TIW) platform aimed at providing all investors with…
The Tanzania Investment Centre (TIC) is working on the Tanzania Window 2014 (TIW) platform aimed at providing all investors with a one-stop-shop for online services.
This also aims at creating a virtual one-stop-stop with an objective to simplify procedures and in making the services more accessible, efficient and effective.
The first TIW Phase I project was implemented in 2014 with funding from the United Nations Development Program (UNDP) and managed by United Nations Conference on Trade and development (UNCTAD).
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According to The East African Business Week, the $350,000 (Tshs 630 million) UNDP funding led to the installation at TIC of an electronic single window through which investors can apply online for required registrations to start a company lawfully in Tanzania.
According to Juliet R. Kairuki TIC Chief Executive Officer, Phase II of the project would be managed by TIC and co-financed by Investment Climate Facility (ICF).
It would focus on launching and promote the Tanzania Investment Window.
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This would be made possible through targeted communication efforts and by piloting proximity services throughout Tanzania.
She said this phase would also focus on simplifying and put remaining One-Stop-Shop permit issuing procedures online such as certificate on incentives, tax exemptions, work permits and derivative rights to land.
Dr. Kairuki says the TIW Phase II would improve TIC’s capacity to monitor investments by development an after care module, strengthen capacities at TIC and in the local market to manage the investment Window.
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Tanzania Investment Centre (TIC) is the first point of call for potential investors. It is the primary agency of the government responsible for coordinating, encouraging, promoting and facilitating investment.
By law, all government departments and agencies are required to cooperate fully with TIC in its efforts to fulfill its mandate.
A one stop facilitation centre assists investors (local and foreign) provided they have projects worth $100,000 (Tshs 180 million) (Tanzanians) and $500,000 (Tshs 900 million) for foreigners.
TIC was established in 1997 by the Tanzania Investment Act to be the primary agency of the government to coordinate, encourage, promote and facilitate investment in Tanzania and to advise the government on investment policy and related matters.