The government has announced a new national investment agenda built around eight major strategies designed to stimulate economic growth and expand opportunities for young people.
The measures were unveiled on November 28, 2025, by the Minister of State in the President’s Office for Planning and Investment, Prof. Kitila Mkumbo, during the inauguration of the new Board of Directors of the Tanzania Special Economic Zones Authority (TISEZA).
Speaking at the ceremony, which was also attended by Deputy Minister Dr. Pius Chaya and Permanent Secretary Dr. Taus M. Kida, Prof. Mkumbo said the new strategies reflect President Samia Suluhu Hassan’s wider commitment under the Sixth Phase Government to bring investment services closer to citizens and ensure that investment directly addresses the country’s socio-economic needs.
He said the government now wants investment that delivers tangible solutions, especially by creating jobs and widening economic prospects for young Tanzanians.
According to him, the new approach begins with the establishment of a Youth Investors Resource Centre in Mabibo, Dar es Salaam, which will serve as a national platform for training, advisory support, and incubation for young entrepreneurs. TISEZA will extend similar support across the country to ensure regional reach.
Prof. Mkumbo also revealed that the government is preparing a special programme that will provide land and industrial opportunities to young graduates in key strategic zones, including Dodoma’s Nala area, Kwala in Coast Region, and Bunda in Mara Region.
The aim, he said, is to nurture a new generation of industrial investors who can drive local manufacturing and reduce dependence on imports.
As part of the broader reforms, TISEZA plans to expand its presence to every region by 2028, allowing investment services to be accessed more easily by local communities.
The authority will additionally work with the private sector to develop modern industrial buildings that investors can rent at affordable rates, a move expected to lower the entry barrier for youth-led enterprises.
To ensure continuous improvement of the investment climate, Prof. Mkumbo said the government will regularly introduce new incentives while encouraging investors to share feedback on how existing laws can be strengthened.
Beginning January 2026, the minister will convene quarterly meetings with investors to assess progress, address bottlenecks, and review emerging opportunities.
A key component of the new agenda is the prioritization of Bagamoyo as a major industrial centre. Prof. Mkumbo said the government is accelerating preparations to develop the area into a world-class manufacturing hub that will serve both domestic and export markets, in anticipation of the forthcoming Bagamoyo Port.
He also emphasised that Tanzania will increasingly target investors capable of producing goods that the country currently imports in large quantities.
This shift is expected to bolster local production, save foreign exchange, and create thousands of new jobs.
Prof. Mkumbo noted that the new investment blueprint is not merely a set of administrative reforms but a practical step toward securing the future of Tanzanian youth.
“These measures are designed to improve livelihoods, create opportunities and ensure that our young people stand at the centre of the country’s economic transformation,” he said.
The launch of the TISEZA board and the announcement of the national strategies mark a renewed commitment to positioning Tanzania as a competitive investment destination one where young people are empowered to shape the country’s next industrial chapter.