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Chapter | Country Profile from The Report: Tanzania 2018

Located on the east coast of Africa and south of the equator, Tanzania was home to some of the world’s first human settlements, with fossils dating back as far as 3.6m years. Today, the country comprises mainland Tanganyika and the archipelago of Zanzibar. Dodoma is its official capital, although Dar es Salaam, the largest city and port, has long been the nation’s commercial and administrative...

One of East Africa’s largest economies and most popular tourist destinations, Tanzania is reputed for its stability in the region. Its extractive wealth, favourable climate for agriculture, and natural assets such as Mount Kilimanjaro and the Serengeti National Park have helped it build a relatively high rate of growth over the last decade, averaging 6-7% per year.

Rising transaction levels and stabilising rents suggest that Oman’s real estate sector could be in recovery, with future prospects bolstered by moves to facilitate property investment.

An increase in the liquids storage, bunkering and freight-handling capacity at the Port of Fujairah is expected to further strengthen the emirate’s position as a fuelling point and trans-shipment centre.

Improving economic conditions, increased tourism numbers and the launch of two major development projects are forecast to support growth in Abu Dhabi’s retail sector, especially within the food and beverages (F&B) segment.

Manufacturing has maintained its standing as a key growth driver for the Philippines, with rising domestic consumption and a series of major infrastructure projects lifting expansion in both the sector and broader economy.

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