MOROGORO Region has been ranked the third-highest region for job creation driven by investments in key sectors such as agriculture, industry, tourism and transportation, according to the latest figures from Tanzania Investment Centre (TIC).

Dr Binilith Mahenge, TIC board chairman unveiled     this here at the weekend when speaking at an investment stakeholders’ meeting.

He announced that in 2024, the centre had registered 901 projects worth a total of $9.01 billion, achieving 90 percent of its target to register 1,000 projects for the year.

 He said Morogoro has been one of the standout regions, ranking among the leaders for impactful investment, particularly in agriculture and industry.

 “Since 1997, TIC has registered 314 projects in Morogoro, valued at $4.084 billion which are projected to create 97,832 jobs. The investments span across a variety of sectors, including agriculture, media, construction, commercial real estate, infrastructure, energy, education, manufacturing, mining, petroleum, natural resources, services, tourism, and transportation,” he said.

 The top five sectors driving Morogoro’s growth include agriculture with 103 projects, industry with 84, tourism with 64, transportation with 28 and commercial real estate with 16 projects.

 Dr Mahenge highlighted that Morogoro ranked fifth in total investment capital, securing $447.5 million, with some significant contributions coming from large-scale investments such as the acquisition of 10,000-hectare plots at Mkulazi farm.

 “Out of the 901 projects registered nationally, 22 were in Morogoro, valued at $447.5 million, placing the region seventh in project count and among the top 10 investment destinations in the country,” he said.

 Adam Malima, Morogoro Regional Commissioner emphasised the region’s rich potential for further investment, particularly in the hotel industry, owing to the government’s substantial investment in the Standard Gauge Railway (SGR) linking Morogoro to Dodoma.

 He called on investors to take advantage of the infrastructure boost and urged district council directors to remove unnecessary bureaucratic hurdles that could hinder investment opportunities.

 Malima’s call for action aims to create an even more investor-friendly environment, ensuring that Morogoro remains an attractive destination for both local and international investors.