- The Revolutionary Government of Zanzibar (RGoZ) intends to further promote investment by including the second phase of small Islands of Zanzibar into the development of high-end economic activities. This decision is based on the positive response from both the public and investors and the need to further increase the diversification of the blue-economy policy by attracting high-end investment. Small islands surrounding Zanzibar are major assets that investors can capitalize on for a win-win potential.
- The RGoZ through Zanzibar Investment Promotion Authority (ZIPA), hereby invites Potential Investors to submit their proposals in the second phase to develop, operate and manage small islands or plot of land in small islands under long term lease.
- The Proposal should provide Information demonstrating that Interested Investors possess: experience and ability to develop, operate, and manage investment projects; financial capacity; skills, and ability in conserving the environment biodiversity, cultural heritage, and community development. Also, Interested Investors should provide detailed information on the kind of high-end investment intended and state the amount to be paid as Lease Acquisition Cost (LAC) in respect of the intended island.
- The Interested Investor is also required to submit the amount of investment capital to be invested, and state when the project will be implemented.
- The Proposal has to be directed on the following small Islands:
NO | Small island | Location |
1 | Sume | Soulth Unguja |
2 | Popo | North Unguja |
3 | Wmi | South Unguja |
4 | Jumbe | South Pemba |
5 | Kwata | South Pemba |
6 | Kashani | South Pemba |
7 | Fundo ( hectare200 ) | North Region |
8 | Njao (hectare 200) | North Pemba |
9 | Matumbini hectare 200) | South Pemba |
- The interested Investor shall obtain the
Application Form on the website:
www.zipa.go.tz/islands - Interested Investors should deposit a
non-refundable fee of S1500 In the Bank Account below:
Bank Name: People’s Bank of Zanzibar (PBZ)
Account Name: Zanzibar Investment Promotion Authority (ZIPA)
Account No: 0400424000
Swift Code: PBZATZTZ
Address: Malindi, Zanzibar, 1173
Our correspondent Banks are as follows:-
Bank Name: CITIBANK N.Y Account No: USD 36001291 Swift Code: CITIUS33
Bank Name: CITIBANK LONDON Account No: GBP 0008923876 Swift Code: CITIGB2L
IBAN: G1308CIT118500808923876
Bank Name: CITIBANK LONDON Account No: USD 0000933996 Swift Code: CITIGB2L
IBAN: GB29CIT118500800933996
Bank Name: CITIBANK FRANKFURT Account No: EUR 4114264038 Swift Code: CITIDEFF
IBAN: DE67502109004114264038
- The detailed information for each islet is provided on the ZIPA website: www.zipa.go.tz/islands
- The Investment Proposal shall be marked “PROPOSAL TO LEASE, DEVELOPMENT, OPERATION AND MANAGEMENT OF (Insert Name of Island )”
- The Investment Proposal together with the duly filled Application Form and payment receipt must be submitted at Maruhubi Complex, Zanzibar Investment Promotion Authority Head Office, Malawi Road, Room Number 223 or via email: [email protected] or ell m (PDF format).
- The Deadline for submission is 16th February 2022 at 12:00 PM Eastern Africa Time.
- Any inquiries or further clarification shall be made through [email protected] or IfilerbatilegMailse9M.
***THE DEADLINE FOR SUBMISSION OF INTEREST IS 16TH FEBRUARY 2022 .”