EXPRESSION OF INTEREST FOR LEASE, DEVELOPMENT, OPERATION AND MANAGEMENT OF SMALL ISLANDS IN ZANZIBAR

1. The Revolutionary Government of Zanzibar (RGoZ) intends to further promote investment by including small islands of Zanzibar into development of high-end economic activities. This decision is based on the need for diversification to attract very high-end Investors. Small islands surrounding Zanzibar are major assets that investors can capitalize for a win-win

 

2. The RGoZ through Zanzibar Investment Promotion Authority (ZIPA), hereby invites Potential Investors to express their interests to develop, operate and manage small islands or plot of land in small islands under long term

 

3. The Expression of Interest should provide information demonstrating that interested investors possess: experience and ability of developing, operating and managing investment projects; financial capacity; skills and ability in conserving environment, biodiversity, cultural heritage and community development. Also, Interested Investors should specify the intended small island/islands for investment and provide detailed information on the kind of high-end investment

 

4. The Expression of Interest to be directed on the following small islands:

 

No	Small Island	Location
1	Changuu (Prison Island)	Unguja
2	Bawe	Unguja
3	Pamunda-A	Unguja
4	Pamunda-B	Unguja
5	Kwale	Unguja
6	Misali	Pemba
7	Njao	Pemba
8	Matumbini	Pemba
9	Chumbe	Unguja

 

 

5. Interested investors should deposit a non-refundable fee of $1500 at the Bank Account below:
   Bank Name: People’s Bank of Zanzibar (PBZ)
   Account Name: Zanzibar Investment Promotion Authority (ZIPA)
   Account No: 0400424000
   Swift Code: PBZATZTZ
   Address: Malindi, Zanzibar, 1173
6. The correspondent Banks are as follow:-
   Bank Name: CITIBANK N.Y
   Account No: USD 36001291
   Swift Code: CITIUS33
   Bank Name: CITIBANK LONDON
   Account No: GBP 0008923876
   Swift Code: CITIGB2L
   IBAN: GB08CITI18500808923876
   Bank Name: CITIBANK LONDON
   Account No: USD 0000933996
   Swift Code: CITIGB2L
   IBAN: GB29CITI18500800933996
   Bank Name: CITIBANK FRANKFURT
   Account No: EUR 4114264038
   Swift Code: CITIDEFF
   IBAN: DE67502109004114264038

 

6. The detailed    information    for    each     islet    is    provided    on     ZIPA website: zipa.go.tz/islands

 

7. Expression of Interest shall be marked “EXPRESSION OF INTEREST FOR LEASE, DEVELOPMENT, OPERATION AND MANAGEMENT OF SMALL ISLANDS IN ZANZIBAR”.

 

8. Expression of Interest must be submitted with the receipt of the payment at Maruhubi Complex, Zanzibar Investment Promotion Authority Head Office, Malawi Road, Room Number 223 or through email: islets@zipa.go.tz (PDF format) of using us info@abcattorneys.co.tz and we shall forward your interest.

 

9. The deadline for submission of Expression of Interest has been extended to 30^th September 2021

 

 

10. After evaluation, short-listed prospective Investors will be contacted to proceed with other application