Tanzania eyes major US investors in health
Tanzania is actively seeking U.S. investment in its health sector to establish the country as a regional hub for pharmaceutical and medical device manufacturing. The government is offering fiscal incentives and regulatory support to attract partners for technology transfer and job creation.
Why it matters
This initiative represents a strategic shift toward domestic industrialization and international health partnerships in East Africa.
DAR ES SALAAM: TANZANIA is seeking to attract major United States investors into the health sector, particularly pharmaceutical, medical equipment, diagnostic and health technology manufacturing, as the government moves to position the country as a regional hub for health product production.
Minister for Health, Mr Mohamed Mchengerwa, said Tanzania was no longer seeking investors merely to supply the domestic market, but strategic partners capable of investing capital, transferring technology, creating jobs and linking local industries to regional markets.
Speaking during the US-Tanzania Health Partnership Stakeholders Meeting in Washington, DC, on Thursday, he said pharmaceutical manufacturing had become a strategic priority as the government sought to build domestic production capacity and reduce reliance on imported health products.
Mr Mchengerwa said the government was working to attract American pharmaceutical, diagnostic and medical-device companies through fiscal incentives, improved regulatory pathways, public procurement and financing mechanisms designed to make investments more viable. “
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