Building a Strong and Competitive Industrial Economy

Published at: 2022-02-11 14:08:29

Tanzania strives to build a stable and competitive economy through bio-economy, energy, mining, industry, manufacturing, agriculture and trade sectors.

STI should enable Tanzania’s economy to attain the following: a diverse, semi-industrialized sector comparable to typical middle-income countries; macroeconomic stability manifested by a low inflation economy and basic macroeconomic balances; the growth rate of over 8 percent per annum; adequate levels of physical infrastructure in all sectors, active and competitive standing in regional and world markets, with the capacity to articulate and promote national interests and to adjust quickly to regional and global market shifts.

Relevant research on these sectors should set the pace for the country to be one among emerging economies globally.

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