dailynews.co.tz·3 min read·medium

PM cherishes the private sector as key player for contributing 70 percent of the Vision 2050 goals

E
Esther Takwa
PM cherishes the private sector as key player for contributing 70 percent of the Vision 2050 goals
AI Summary

Tanzanian Prime Minister Mwigulu Nchemba has urged the private sector to take a leading role in achieving the country's Vision 2050 development goals. He emphasized that the private sector is expected to contribute 70 percent of the required progress, calling for a shift from aspiration to concrete action.

Why it matters

This signals a significant policy shift in Tanzania toward privatization and public-private partnerships to accelerate national economic development.

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DODOMA: PRIME Minister Mwigulu Nchemba said Tanzania cannot achieve the development levels attained by countries such as Malaysia and Singapore through aspirations alone urging Tanzanians and government leaders to turn the goals of the National Development Vision 2050 into action.

Speaking at the climax of the Fifth National Conference on Tanzanians’ Participation in Strategic Projects and Investment, held at the PSSSF Conference Hall in Dodoma today, September 3,2026, the PM said the private sector is expected to contribute 70 per cent towards implementation of the Vision 2050 goals, making it a key partner in accelerating the country’s development.

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