SPECIAL REPOT - Investing In The Future: Tanzania’s Blueprint To Become A Middle Income Nation - Issa Michuzi | PressTZ - Your Number 1 Source of Aggregated Online Content

 

SPECIAL REPOT - Investing In The Future: Tanzania’s Blueprint To Become A Middle Income Nation


Under the guidance of President John Pombe Joseph Magufuli, Tanzania is scheduled to become a middle-income nation by 2025. The Development Vision 2025 is focused on creating peace and stability, freedom from corruption, investment in the education of the Tanzanian people and a competitive and sustainable economy. The key to Magufuli’s Vision is industrialization. “There is no economy in the world that can thrive without industrialization and we are just beginning,” states Mr. Subhash Patel, Chairman of the Motisun Group. Magufuli’s Vision of an industrialized nation is well underway.


The construction of Tanzania’s US$14.2 billion Standard Gauge Railway, stretching 2,561 kilometres connecting Dar es Salaam port to its land-locked neighbours, is an infrastructure project that will enhance trade opportunities for Tanzania. “Projects such as the SGR could help lower transport costs and improve economic activity from a reduction of production and operational costs, lower cost of... Continue reading ->


Source: Issa MichuziRead More