President Jakaya Kikwete, who spoke during the recent USAID Frontiers in Development Conference, indicated that the government will focus on developing an industrial economy with a concentration on the growth of the Tanzania industrial sector and natural gas in order to meet the goals outlined in the second five year plan of the Development Vision 2025 (2016/17-2020/21) and further promote socio and economic development in the country.
President Kikwete explained during the recent USAID conference that the second five year plan will focus on transforming the country into a competitive semi-industrialized economy with an objective of creating new opportunities for job growth.
“Tanzania will then be a country characterized by high quality livelihoods,” he said, “and a competitive semi-industrialized economy capable of producing growth and shared benefits.”
The Tanzania Development Vision 2025 was first adopted in 2000 with the goal of transforming the country into a strong and competitive middle income economy by 2025.
During the first five year plan, President Kikwete indicated that the government worked to address infrastructure needs within the country’s energy and transport sectors, improved productivity in the agriculture sector, increased the number of skilled laborers, and enhanced the business environment within the country.