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Home Sectors Tourism

Tanzania eyes $6 billion in revenue from tourism sector by 2025

by Daniel Semberya
29/09/2022
in Tourism
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Tanzania eyes $6 billion in revenue from tourism sector by 2025
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Tanzania’s tourism accounts for more 17 per cent of GDP and 25 percent of foreign earnings and possesses significant potential to contribute to the national economy and foreign receipts because of the unique natural attractions present in the country.

The tourist attractions present in Tanzania include national parks and game reserves, forests, mountains, valleys, waterfalls, and coastal areas among others.

The number of visitors’ arrival in Tanzania has risen to 922,692 in 2021 from 620,867 in 2020 after it aftermath dropped due to the aftermath of the emergence of the COVID-19 pandemic. Photo / Courtesy.

To promote sector competitiveness and linkages, FYDP III is prioritizing the development and implementation of a clear tourism legal and regulatory frameworks and strengthening public-private dialogue and collaboration.

Key Interventions include promoting new tourism products, development and diversification for sustainable growth; promote southern tourist circuit as alternative to other circuits.

Speaking during the just ended Multilateral Investment Guarantee Agency [MIGA] investment forum held in Dar es Salaam, the Tanzania Tourist Board’s Acting Director General Felix John said that a wake to enhance and market Tanzania’s tourism endowments, President Samia Suluhu Hassan initiated the Royal Tour Programme.

The Program is aligned to the country’s Five Years Development Plan (2021/22 – 2025/26) that targets on increasing the number of tourists visiting destination Tanzania to reach 5 million tourists and revenue generated from the Sector to reach 46 billion by 2025.

The Royal Tour Programme was officially launched in April, 2022 in the United States of America (New York and Los Angeles) which is one of our principal source markets, and since then it started to bear fruits with the number of both domestic and international tourists increasing tremendously compared to the previous period.

Explaining the trends of tourism in Tanzania the TTB boss said that the number of visitors’ arrival has risen to 922,692 in 2021 from 620,867 in 2020 after it aftermath dropped due to the aftermath of the emergence of the COVID-19 pandemic.

Revenue generated from the Sector also rose from $714.59 million in 2020 to $1.31 billion in 2021.

On his part, the Minister for Finance and Planning Dr Mwigulu Nchemba said the launched Royal Tour film aims at showcasing opportunities available in Tanzania’s tourism sector as well as investment opportunities in other sectors.

“I would like to invite the diaspora and investors from all over the world to visit Tanzania as well as investing in various opportunities. Our aim to promote private sector investment.” He stressed.

 Dr Nchemba further noted that the government was committed to transform Tanzania to be a hub and model of strategic and attractive investments destination.

Daniel Semberya

Daniel Semberya

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