The Government has assured industrial stakeholders that it will continue improving the business environment to support the growth of local industries, while confirming that recommendations submitted by manufacturers are being carefully reviewed ahead of the upcoming budget session.
The assurance was given by Deputy Minister for Finance Laurent Luswetula on behalf of Finance Minister Khamis Mussa Omar during an Iftar event organised by the Confederation of Tanzania Industries (CTI) in Dar es Salaam.
The event brought together government leaders and industrial stakeholders to review the performance of the manufacturing sector, align strategies and discuss solutions to challenges affecting the sector’s growth. It was held at Four Points by Sheraton Dar es Salaam New Africa.
Speaking during the event, Luswetula said the Government recognises the important role played by industries in driving economic growth and creating employment opportunities for Tanzanians.
He said the Government had received several proposals from industry stakeholders and that the Ministry of Finance is analysing them as part of preparations for the national budget.
“The Government continues to listen to stakeholders. More than 60 percent of the proposals submitted by industrial players last year were implemented in the 2025/26 financial year,” Luswetula said.
He explained that this shows the private sector remains a key partner in shaping policies that guide industrial development in the country.
According to Luswetula, the Government has also received new proposals mainly focusing on taxes on goods and production costs. He said the proposals are being examined carefully and that some taxes may be reduced or removed in order to lower production costs and ease the burden on businesses and consumers.
He added that the Government’s final response after the budget process will reflect market needs and help strengthen the competitiveness of locally produced goods.
Luswetula also emphasised that the vision of President Samia Suluhu Hassan is to continue improving the business and investment environment in order to attract both domestic and foreign investors.
“The Government values the private sector. We have received your proposals and we will work on them carefully to ensure we build a stronger economy for industrialists and all Tanzanians,” he said.
Deputy Minister for Industry and Trade Dennis Londo said the Government will continue working closely with the Confederation of Tanzania Industries to ensure that policies and programmes implemented strengthen the manufacturing sector and contribute to national economic growth.
He said the Government remains committed to promoting industrial development as a key driver of economic transformation, job creation and value addition to raw materials.
Londo added that the Government will continue improving the investment climate by strengthening infrastructure and ensuring reliable energy supply to industries.
Meanwhile, the Chief Executive Officer of the Confederation of Tanzania Industries, Leodgar Tenga, said the discussions aimed at strengthening the manufacturing sector so that industries can contribute more effectively to economic growth, job creation and the production of competitive goods for both local and international markets.
