DODOMA: THE Tanzanian government has pledged to continue working closely with the private sector to improve citizens’ livelihoods by ensuring the implementation of various development projects and enhancing key services, including transport, to facilitate the execution of the National Development Vision 2050.
The commitment was made by Acting Commissioner of the Public-Private Partnership Unit (PPPU), Bashiru Taratibu, while opening the first collaborative meeting between the Ministry of Finance through the PPPU, the Public-Private Partnership Centre (PPPC) Tanzania, and the Ministry of Labour and Investment Zanzibar through the Public-Private Partnership Department (PPPD). Taratibu represented the Deputy Permanent Secretary of the Ministry of Finance, Amina Khamis Shaaban.
Taratibu noted that the private sector plays a significant role in driving the national economy, and the government will continue providing investment opportunities to enable the sector to participate fully in improving infrastructure and implementing development projects aimed at economic growth and improving the lives of Tanzanians.
Speaking on the National Development Vision 2050, Taratibu stated that its implementation will officially begin in June 2026 through the Fourth Development Plan, which will be the first plan to execute the vision. He emphasized that the plan requires the private sector to contribute approximately 70 percent of its implementation, highlighting the importance of ensuring development projects are structured to include private sector participation through partnerships.
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“The implementation of Vision 2050 begins in June 2026 through the Fourth Development Plan. This plan requires the private sector to contribute 70 percent of its execution, so it is our responsibility to ensure there are development projects implemented in partnership with the private sector,” Taratibu said.
Meanwhile, Deputy Permanent Secretary of the Ministry of Labour and Investment Zanzibar, Rashid All Salim, called on all government sectors to prepare development projects and their documentation to provide opportunities for the private sector to participate in their execution.
He emphasized that sectors such as construction, health, agriculture, and infrastructure have numerous development projects, and it is important that the project documents are well-prepared to attract both domestic and foreign investors.
Additionally, the Executive Director of the Public-Private Partnership Centre (PPPC), David Kafulila, identified various areas with investment opportunities where the private sector can contribute to the nation’s economic growth.