Launch of Zanzibar Investment Guide

• Excellency, Dr. Hussein Ali Mwinyi, President of Zanzibar
• Hon. Mudrick Ramadhani Soraga, Minister of State, President`s Office, Labour, Economic Affairs & Investment
• Ms. Christine Musisi, UNDP Resident Representative
• Dr. Habiba Hassan Omar, Principal Secretary, President`s Office, Labour, Economic Affairs, and Investment
• Mr. Shariff A. Shariff, Executive Director, Zanzibar Investment Promotion Authority
• Invited Guests; Mabibi na Mbwana

Asalam Aleikum. Habari za Asubuhi.

I am very excited to be here today for the launch of the Zanzibar Investment Guide and Zanzibar Investment Promotion Authority online services. These initiatives, spearheaded by the RG of Zanzibar, will play an important role in achieving the Sustainable Development Goals through increased private sector investment.

The Investment Guide identifies needs and opportunities for both Unguja and Pemba, for local and foreign investors, in Blue Economy, Infrastructure, Real Estate, Tourism, Agriculture, Manufacturing, and Energy sectors. Congratulations on this achievement! Hongereni sana! 

Achieving the SDGs is critical to creating a viable, equitable, and prosperous world, but we must rapidly accelerate our efforts and investments, if we hope to achieve the 2030 sustainable development agenda. Global human development, including education, healthcare, food systems, living standards, tourism, could be adversely affected if we do not take immediate action.

UN works closely with the Government of the UR of Tanzania under the UN Sustainable Development Cooperation Framework, which was launched last year. We are now 9 months into the implementation of this CF, which will guide our work until 2027, providing a structure for our support to the achievement of SDGs and Tanzania’s national development vision and priorities, including those defined in Zanzibar Development Plan (ZADEP).

One of the new features of the UNSDCF, which distinguishes it from previous development assistance frameworks, is its focus on integrated financing and unlocking of private capital for national development priorities and the SDGs.

The Zanzibar Investment Guide is an excellent example of this new objective, and I am confident that the investment opportunities highlighted in the Investment Guide will attract capital that will contribute to accelerated progress on the ZADEP and the SDGs.

The UN pledges its support to the next steps in this process, including the necessary technical expertise from across the UN system that may be required to bring some of these proposed ideas and projects to life.

Zanzibar is developing many good practices in sustainable development that will have a tangible impact and we are proud to be a partner on that journey.

The UN is committed to further strengthen our partnership with Zanzibar, to further unlock financing for SDG acceleration, through the implementation of the National Integrated Financing Framework that will enable a sound, sustainable, and resilient development financing architecture.

I look forward to continue working together with the RG of Zanzibar, civil society and private sector, towards a brighter, more sustainable future for all in Zanzibar.

Asanteni Sana!