Tanzania is accelerating its industrialization agenda to reduce import dependency and boost exports. The government’s focus on value addition, energy expansion, and special economic zones is transforming the manufacturing sector. Here are five key highlights:
- Expansion of Industrial Parks
New industrial hubs in Dar es Salaam, Dodoma, and Mwanza are attracting local and foreign manufacturers, improving productivity, and creating employment opportunities. - Boost in Energy Production
Projects like the Julius Nyerere Hydropower Plant (2,115 MW) are set to lower energy costs and power more industries across the country. - Incentives for Investors
The government has introduced tax exemptions and reduced levies to encourage both domestic and foreign companies to set up manufacturing plants. - Increased Export Capacity
Tanzania’s manufactured goods exports rose by 15% in FY23/24, supported by new trade agreements and improved port infrastructure at Dar es Salaam and Tanga. - Job Creation & Skills Development
The industrial boom is expected to create over 500,000 new jobs by 2026, with technical training programs boosting workforce skills to meet industry demands.
Tanzania’s industrial growth is a key pillar in achieving its Vision 2025 goal of becoming a semi-industrialized, middle-income economy.
