Buzwagi SEZ tipped to drive economic growth as government commends Barrick

By The Respondents Reporter

The Government has said the Buzwagi Special Economic Zone (SEZ) is set to play a significant role in accelerating economic growth in Shinyanga Region and across the country, following the successful closure of the Buzwagi Gold Mine and its transformation into an investment-ready industrial hub.

Deputy Minister of State in the President’s Office for Planning and Investment, Dr Pius Stephen Chaya, said the industrial park presents broad opportunities for industrialisation, skills development and job creation, in line with the national development agenda.

Dr Chaya made the remarks during a working visit to the Buzwagi SEZ in Kahama Municipality, where he commended Barrick for implementing the mine closure in accordance with best international standards, leaving behind infrastructure that is now attracting investors.

“I am encouraged to see that this area is among six designated investment zones, with clear plans for the development of vocational training institutions, residential areas, industries and other essential infrastructure,” Dr Chaya said. 

“Buzwagi is well planned and highly suitable for investment, thanks to close coordination among stakeholders, including Barrick.”he added

He said the project reflects President Samia Suluhu Hassan’s commitment to improving the livelihoods of Tanzanians through strategic investments, and called on citizens to take advantage of the opportunities created by the industrial park.

“The Government wants Tanzanians from small entrepreneurs and food vendors to professionals and those without formal education to benefit from employment and income-generating opportunities arising from this major investment in the Lake Zone,” he said.

Dr Chaya urged leaders at all levels and development partners to strengthen collaboration to ensure the SEZ delivers inclusive and sustainable economic benefits.

Kahama District Commissioner Frank Nkinda said the Buzwagi Industrial Park meets all key requirements for attracting both local and foreign investors, including a favourable investment climate, a vast land area and proximity to an airport that supports efficient movement of goods and people.

He said the Government has deliberately set aside the former Barrick Buzwagi gold mine, covering 1,331 acres, as a special investment area to promote value addition in the mining sector through the establishment of manufacturing industries.

“So far, six factories have already been built, while 15 investors have expressed interest in setting up industries within the park,” Mr Nkinda said, adding that the initiative would help expand employment opportunities and strengthen the local economy.

Barrick Buzwagi Mine Closure Manager, Engineer Zonnastraal Mumbi, said the industrial park has continued to attract strong interest from investors, citing its readiness, compliance with investment standards and the professional execution of the mine closure process.

He said the project demonstrates how responsible mine closure can unlock long-term economic opportunities for surrounding communities and support Tanzania’s broader industrialisation drive.

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