Tanzania’s Ministry of Industry and Trade has unveiled an ambitious plan to establish 9,048 factories nationwide between 2025 and 2030, aiming to create 6.4 million jobs and drive economic growth.
Minister for Industry and Trade, Dr. Selemani Jafo, shared the initiative during a session with ministry officials to discuss budget priorities. He highlighted the objective of fostering employment opportunities across all regions and empowering local economies by supporting small industries.
The initiative prioritizes providing jobs for young graduates, with the government urging regional and district leaders to identify key investment and business opportunities. Dr. Jafo also emphasized the importance of safeguarding workers’ interests and called for institutions to play a crucial role in employment generation.
Additionally, Dr. Jafo noted the success of the warehouse receipt programme in boosting pea prices from 1,600/- to 2,200/- per kilogram in regions like Lindi. He reaffirmed the ministry’s commitment to combating counterfeit products, which hinder local investment and disrupt domestic markets.
Daily News reports that efforts to streamline licensing processes through online systems were also addressed, with the Business Registrations and Licensing Agency (BRELA) tasked to expedite operations. The Tanzania Bureau of Standards (TBS) was urged to intensify anti-smuggling measures to protect the local market.
Permanent Secretary Dr. Hashil Abdallah stressed the importance of effective planning and budget implementation for the 2024/2025 financial year. Meanwhile, Judge Salma Maghimbi, Chairperson of the Fair Competition Council, oversaw the swearing-in of the new Registrar, Mr. Wema Kaskasi, emphasizing adherence to ethical values and proper management.
This comprehensive strategy aims to enhance industrial growth, improve job prospects, and strengthen Tanzania’s economic framework in the coming years.