Zanzibar registers 45 new investment projects worth $218 million

Zanzibar's investment surge in just 100 days screams serious money confidence from outsiders.

Fresh projects flood in quickly
  • Zanzibar pulled 45 new investment deals worth over 218 million dollars.
  • Total approved projects under this administration hit 607 now.
  • Cumulative investments reached 1,351, with value topping 14.4 billion dollars.
  • Sharrif Ali Sharrif dropped the numbers during a ministry report.
Digital upgrades slash red tape
  • The Zanzibar Investment Electronic Window finished rollout recently.
  • Platform ties together key agencies for smoother approvals.
  • Expect faster registrations plus cheaper costs for newcomers.
  • Bureaucracy gets gutted to lure more serious players.
Infrastructure pushes target key zones
  • Fumba Port expansion plans move forward steadily.
  • Eight kilometres of internal roads are slated for the Fumba investment area.
  • IT Madrasa site assessments done for upcoming upgrades.
  • Special zones get beefed up to handle bigger operations.
PPP deals multiply fast
  • Several public-private partnerships were signed in the opening 100 days.
  • Total active PPP projects climbed to 21 overall.
  • Vehicle registration management and sports grounds operation are included.
  • Fibre-optic network plus five-star Buyu hotel stay in talks.
Labour side shows solid gains
  • Inspections hit 78 workplaces across Unguja and Pemba.
  • Ninety-five percent meet the 347,000 minimum wage standard.
  • 3,408 employment contracts got verified for full compliance.
  • Decent Work Country Programme III launched with ILO backing.
 

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