Business

Government and Private Sector Sign Joint Declaration

Tanzania’s President Samia Suluhu Hassan has launched the implementation framework for Development Vision 2050, with the government and private sector signing a Joint Declaration to accelerate investment, industrialisation and economic transformation. The private sector is expected to lead about 70% of implementation over the next 25 years as Tanzania targets a USD 1 trillion economy by 2050.

The framework was launched on 3 August 2026 during a special Government-private sector dialogue chaired by President Samia Suluhu Hassan at State House in Dar es Salaam. The meeting brought together government officials and representatives from business associations to discuss the role of the private sector in implementing Vision 2050, which aims to transform Tanzania into a high-income economy and build a USD 1 trillion economy by 2050.

Read more at: https://www.tanzaniainvest.com/economy/vision-2050-implementation-framework-public-private-sector

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