DAR ES SALAAM: TANZANIA is embarking on a bold path over the next five years, with a strategy designed to boost investment, create jobs for young people, and strengthen the economy. The launch of this plan under Vision 2050 marks a defining moment for the country and its youth.
Prof. Kitila Mkumbo, Minister of State in the President’s Office – Planning and Investment, outlined the plan in Dar es Salaam earlier this week.
He explained that the office, established in July 2023, coordinates national development plans, manages investment policies, and oversees key institutions including the National Planning Commission (NPC), the Treasury Registrar’s Office, and the Tanzania Investment and Special Economic Zones Authority (TISEZA). The figures speak for themselves.
Between 2021 and 2025, registered investment projects leapt from 252 to 901 annually, while capital inflows reached 9.3 billion US dollars.
This is a clear signal that Tanzania is becoming a more attractive destination for investment. For the country’s youth, these numbers represent more than statistics, they point to real opportunities to create, innovate, and earn.
Central to the government’s strategy is the One Stop Facilitation Centre. This initiative brings together 14 public institutions under one roof, allowing investors to access investment certificates, company registration, permits, environmental approvals, and product certifications without navigating multiple offices.
Reducing bureaucracy in this way can make it much easier for young entrepreneurs to turn ideas into viable businesses.
The Land Bank under TISEZA is another transformative element. Covering more than 170,000 hectares, including farms, government plots, and Special Economic Zones, the Land Bank provides a solid foundation for young graduates and aspiring industrialists.
Support extends beyond land allocation to include training, access to machinery and raw materials, and banking services, enabling youth to launch factories and productive enterprises with confidence.
From January 2026, the National Investment Forum will provide a platform for ministries, public institutions, and investors to meet.
Young entrepreneurs will have the opportunity to raise concerns, suggest solutions, and align their ventures with national priorities.
This is a chance to engage with decision-makers and ensure that policies are practical and responsive to those driving growth on the ground.
In addition, the government is establishing Youth Investors Resource Centres in Dodoma, Pwani, Mara, Ruvuma, and Bagamoyo. These centres will guide young people on land access, finance, supplier networks, and professional training.
By decentralising support, the plan ensures that opportunities extend beyond major cities, giving young Tanzanians from all regions the chance to contribute to economic development.
The government has outlined clear investment priorities for the next five years.
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Agriculture, agro-processing, essential goods production, livestock, fisheries, tourism, construction, mining, financial services, forestry, and energy, including oil and gas, are all identified as sectors with high potential for job creation and economic growth.
Combining traditional industries with emerging opportunities can enhance productivity and drive innovation.
The forthcoming MKUMBI II strategy, due before the official start of Vision 2050 in July 2026, aims to strengthen the business environment.
Predictable policies, clear regulations, and accessible support are essential to ensure that young entrepreneurs can compete effectively and expand their ventures.
Prof. Mkumbo set ambitious targets: eight million jobs and at least 50 billion US dollars in investment by 2030.
Ministries and agencies will be held accountable through Key Performance Indicators, ensuring that resources and support are delivered effectively and reach the intended beneficiaries.
Opportunity, however, comes with responsibility. Young people must act decisively, embrace innovation, and remain disciplined.
Access to land, training, and finance is valuable, but success requires creativity, persistence, and practical application. Entrepreneurship is not a passive activity, it demands vision, problem-solving, and commitment.
Maintaining peace and social stability is equally crucial. Economic growth cannot thrive in communities plagued by unrest or conflict.
Young people have a vital role to play in promoting cohesion, rejecting divisive behaviour, and fostering collaboration.
Stability creates the conditions for investments to flourish, enabling communities to prosper alongside economic development.
Decentralising services will strengthen regional economies. Young people in Dodoma, Mara, or Bagamoyo can now access training, financial support, and guidance without relocating to major urban centres.
This approach promotes balanced growth, reduces migration pressure on cities, and ensures that the benefits of Vision 2050 are distributed widely.
Industrialisation and entrepreneurship are tools for community empowerment. Engaging in productive ventures builds skills, reduces idleness, and instils a sense of responsibility.
Young people who embrace these opportunities can influence society positively, while contributing to national development.
The National Investment Forum and Youth Investors Resource Centres also encourage dialogue and engagement. Entrepreneurs can share challenges, provide feedback, and influence policies, fostering accountability and leadership.
These platforms prepare youth for both business success and active citizenship, reinforcing the idea that economic participation and civic responsibility go hand in hand.
The next five years will be pivotal. The extent to which young Tanzanians embrace these opportunities will determine the success of Vision 2050.
This strategy provides access, resources, and support, but translating these into tangible outcomes requires effort, focus, and ingenuity.
Tanzania’s youth are positioned to play a leading role in shaping the country’s economic future.
By engaging with Vision 2050, they can establish businesses, generate employment, and help the economy grow.
Success will depend on combining innovation with ethical behaviour, community focus, and a commitment to stability.
Inclusive growth is central to the plan. Opportunities are not limited to major cities, young people from all regions can take part, benefiting from land, finance, and training.
Balanced participation ensures that economic benefits reach communities across the country, reducing inequalities and encouraging social cohesion.
The government’s approach is practical, combining infrastructure, regulatory reform, and human capital development.
Young people are not passive recipients, they are active participants, capable of turning ideas into industries, skills into careers, and opportunities into prosperity.
Industrialisation and entrepreneurship go beyond economic outcomes; they provide pathways for empowerment, confidence, and independence.
Young Tanzanians who seize the resources made available to them can make tangible contributions to society while improving their own livelihoods.
Over the next five years, the government’s strategy will be tested.
Effective execution, responsive policies, and youth engagement will determine how far Vision 2050 can transform the country.
If young people act decisively, Tanzania can experience a period of sustained growth, industrialisation, and widespread employment. Vision 2050 offers a oncein-a-generation chance.
By taking advantage of land access, training, financial support, and investment incentives, young Tanzanians can create lasting impact. Upholding peace, ethics, and community solidarity ensures that the benefits of growth are shared and sustainable.
The opportunity is present; the responsibility rests with the youth. Focus, creativity, discipline, and a commitment to collaboration will allow them to shape Tanzania’s economic landscape.
Through Vision 2050, young people have the tools to generate employment, attract investment, and strengthen the economy across all regions.
Tanzania’s youth must act, innovate, and contribute. By doing so responsibly, they will not only transform their own futures but also play a decisive role in the nation’s journey towards inclusive growth and prosperity.
The coming years present an unprecedented chance to build businesses, create jobs, and expand industrial capacity, while preserving peace and social harmony