Tanzania has identified key development projects for the fiscal year 2017–2018, which are deemed critical as their implementation has significant multiplier effects to the economy.
This is indicated in the Guidelines for the Preparation of Plans and Budget for 2017–2018, issued by Tanzania’s Ministry of Finance in November 2016.
Tanzania 2017–2018 Key Projects:
- Mchuchuma Coal Mining and Liganga Iron Ore Mining;
- Central Railway Line;
- Revamping of Air Tanzania Company Limited (ATCL);
- Construction of Liquefied Natural Gas (LNG) plant in Lindi;
- Establishment of Special Economic Zones (SEZ) in Tanga, Bagomoyo, Kigoma, Ruvuma, and Mtwara;
- Establishment of Kurasini Logistics Center;
- Training of youths in specialized areas including oil and gas, engineering, and health;
- Establishment and development of Mkulazi as a model agricultural city;
- Procurement of new and rehabilitation of existing ships for Victoria, Tanganyika and Nyasa Lakes;
- Upgrading of Kidahwe-Kanyani-Kasulu-Kibondo-Nyakanazi road to bitumen standard;
- Upgrading of Masasi-Songea-Mbamba Bay road to bitumen standard.
“The Government will continue to engage Development Partners to ensure that their support is aligned with national priorities as stipulated in the Five Year Development Plan II (FYDP II).
In this context, the Government is reviewing the current Development Cooperation Framework that will effectively guide engagement with Development Partners.
These measures will ensure that Official Development Assistance (ODA) is available in an appropriate way for the Government to implement planned development interventions,” Tanzania’s Budget Guidelines indicate.
Tanzania’s total draft budget for 2017–2018 amounts to TZS33tn, 40% of which (TZS13tn) will be allocated to key development projects.