Tanzania’s TZS 137.81 billion Industry and Trade Budget 2026/27 will fund the Liganga iron and Mchuchuma coal integrated project, with Chinese state-owned Shudao Investment Group (SDIG) and the National Development Corporation expected to sign joint venture agreements in the first half of 2026/27 to develop the iron and coal mines and a steel processing plant. The project is projected to save Tanzania USD 1.22 billion annually in foreign exchange and create 6,500 direct jobs.
The budget was presented to the National Assembly by Minister of Industry and Trade Judith Salvio Kapinga on 22 May 2026 in Dodoma. The 2026/27 allocation marks an increase of about 1.5% from the TZS 135.79 billion approved for 2025/26. The budget funds seven strategic priorities, with the entire development envelope financed from domestic sources.
Read more at: https://www.tanzaniainvest.com/industry/industry-trade-budget-2026-2027
