Welcome to Bab Al Bahar . .

Fumba, the area in which Bab Al Bahar is located, was declared a “Free Economic Zone” by Act No. 16 of 1992, which promotes opportunities for zone investment and development. Additionally the Zanzibar Investment Promotion Authority (ZIPA) offers a wide range of attractive incentive packages, and protection for investment into the Free Economic Zones.

As part of Tanzania, Zanzibar offers a well balanced package of incentives for investors who chose it as their investment destination and any investment in Tanzania is guaranteed against nationalization and expropriation, via the countries membership of the “International Centre for Settlement of Investment Disputes” (ICSID) as well as the “Multilateral Investment Guarantee Agency” (MIGA). The above provides security and comfort for foreign investors looking to deploy capital into Tanzania, and therefore Zanzibar.

 

For more info visit http://www.babalbahar.com/index.php