Tanzania's industrial sector size

The industrial sector in Tanzania accounts for 29% of the country's gross domestic product (GDP), highlighting its importance to the national economy.

Government's investment focus

The Tanzanian government is working to attract more foreign capital, especially from Turkey, to strengthen the country's productive capacity and turn expressions of interest from international companies into actual investments.

Meeting with Turkish business leaders

On October 16, 2026, Kitila Mkumbo, State Minister for Planning and Investment, invited Turkish businessmen to invest in Tanzania during a meeting in Dar es Salaam with a delegation from the Turkish Association of Industrialists and Independent Businessmen (MÜSİAD).

Investment opportunities presented

The day before the meeting, the Tanzanian Investment and Special Economic Zones Authority (TISEZA) showed the MÜSİAD delegation investment opportunities across several sectors, including manufacturing, energy, and agriculture.

Turkish companies' interest in Tanzania

Since early 2026, Turkish companies have shown interest in investing in Tanzania, particularly in agriculture and industry, as reported by the Tanzanian embassy in Turkey.

Recent expressions of interest

In August 2026, Doğanlar Agriculture expressed interest in providing agricultural machinery and public-private partnerships in Tanzania. Other companies, such as AVES and AKSOY Group, also discussed potential investments, though none were confirmed.

Promotion efforts by Tanzanian authorities

To attract Turkish capital, Tanzania is promoting its investment opportunities and working to improve the business environment through various initiatives and diplomatic missions.

Diplomatic visit to Turkey

In August and September 2026, a Tanzanian delegation visited Konya and Istanbul to present investment opportunities to Turkish companies, coordinated by TISEZA and the Turkish Council of Foreign Economic Relations (DEİK).

Bilateral agreements signed

On May 4, 2026, Tanzania and Turkey signed two agreements to avoid double taxation and prevent tax evasion, aiming to facilitate economic exchanges between the two countries.

Government's investment strategies

The Tanzanian government plans to revise incentives in special economic zones, improve infrastructure, and simplify administrative procedures to attract more foreign investors, as outlined in the ministry's budget proposals for 2026/2027.

Budget allocation for the ministry

The State Ministry for Planning and Investment has a budget of 144.9 billion Tanzanian shillings (54.8 million USD) for the 2026/2027 fiscal year, covering both operational costs and development initiatives.

Expressions of interest not yet investments

So far, the interest shown by Turkish companies does not confirm new investments, and the total amount of expected capital or the number of projects in advanced stages remains unspecified.