Export Processing Zone Authority (EPZA) is an autonomous Government agency established under section 12 of the EPZ (Amendments) Act of 2006.
EPZA operates under the Ministry of Industry, Trade and Marketing and is the principal Government Agency for promoting investments in the Tanzanian Economic Zones particularly the Export Processing Zones (EPZ) and the Special Economic Zones (SEZ).
Other functions of EPZA include the development of EPZ/SEZ infrastructure, provision of business services to EPZ/SEZ investors and the provision of EPZ/SEZ licenses. The Authority functions as a one stop shop for all prospective and existing investors.
The EPZ scheme promotes investment in manufacturing sector who's products are mainly for export while SEZ scheme involves other sectors than manufacturing;
• Agriculture,
• Trade,
• Tourism,
• Mining,
• Forestry, etc
and registers investments for both local and export markets.
The Government objective of setting the EPZ
and SEZ program is;
• To Expand foreign exchange earnings;
•
To create employment and skill development;
• To promote transfer of new technology;
•
To foster linkages between the local economy and the
international market; and,
• To promote the processing of local raw materials for export
and local markets.