MCI worked closely with Tabora’s mayor and local government, the private sector and other key stakeholders to build capacity in investment promotion, along with a portfolio of viable investment opportunities; to strengthen public-private sector dialogue capable of advising local government regarding investors’ needs; and assisted with the Tabora Investment Day, which took place in Dar es Salaam in June 2013.
MCI worked in partnership with the Administration of the Municipality of Tabora to build up the structures and capacities to support the city’s efforts to identify its priority sectors for investment and effectively target and win new productive private sector investment, both domestic and international.
In its work on private sector development, MCI received significant support from KPMG and the Government of Finland. The KPMG report on Potential Opportunities for Investors was the result of several months of pro bono work by a KPMG team to gather data on the opportunities and constraints to investment in Tabora.
MCI published an Investment Guide to Tabora, with the goal of making potential investors aware of the opportunities, both in Tabora and in the nearby Millennium Villages Project in Mbola, as well as the climate and ripeness for business and investment in the region as a whole.
Under the Government of Finland’s Regional Partnership to Promote Trade and Investment in Sub-Saharan (together with the Nairobi-based World Agroforestry and Columbia Global Centers and MCI New York), MCI trained local staff in the drivers of investment, how to conduct analysis of strengths, weaknesses, opportunities and threats (SWOT), how to research and develop sound, data-supported investment profiles, how to develop an investment promotion website and how to effectively market these opportunities to potential investors to support economic development that will bring increased jobs, new technologies, management know-how and increased tax revenues to the city.”
All related research publications on Tabora can be found at: Tabora Research