DODOMA, Tanzania: Tanzania on Tuesday unveiled an implementation roadmap for its long-term Vision 2050 strategy, setting out plans to accelerate economic transformation, attract private investment, and improve public sector delivery.
Planning and Investment Minister Kitila Mkumbo presented the National Development Plan for 2026/27, the first operational plan under Vision 2050 and the Fourth Five-Year Development Plan (FYDP IV), which will run through 2030/31.
“Translating vision into action is a much bigger task than planning itself,” Mkumbo told parliament, highlighting accountability and results-based execution as central to the plan.
FYDP IV targets a competitive, inclusive, and resilient economy by focusing on productivity, job creation, and value addition.
Priority areas include governance and institutional reforms, human capital development, digital, energy, and transport infrastructure expansion, growth of productive sectors, and climate resilience.
Seven flagship programmes, supported by 45 major projects, will drive implementation, including the Bagamoyo Eco-Maritime City, Lindi LNG, Liganga–Mchuchuma iron and steel complex, and large-scale agro-industrial, mining, logistics, and urban development projects.
By 2031, Tanzania aims to raise real GDP growth to 10.5%, increase nominal GDP to $118.1 billion, and lift per capita income to $1,638.
About 70% of the plan’s 477tri/- cost is expected from private-sector investment, underscoring the role of public-private partnerships.
For 2026/27, GDP growth is targeted at 6.3%, rising to 6.9% over the medium term, while inflation is expected to remain within 3–5%.
Domestic revenue is projected at 17.1% of GDP, with tax revenue at 13.7%, and foreign reserves sufficient for four months of imports.
