The rehabilitation and expansion of Kigoma Airport in western Tanzania is 60 percent complete, with the government optimistic about its potential to enhance economic growth, trade, and investment in the region. The Ministry of Works, via the Tanzania National Roads Agency (TANROADS), reported that the project is progressing steadily and is set to open in July.

A1 Iron & Steel Tanzania Ltd is set to invest TZS 600 billion in a new steel manufacturing plant in Nala, Dodoma, which will utilize local iron ore as its primary raw material. This initiative aims to enhance mineral value addition in Tanzania and decrease reliance on imported steel products. Construction is slated to commence in July 2026 and is projected to be completed within 15 months.

Tanzania's 2026/27 budget is set at TZS 62.33 trillion (USD 24 billion), reflecting a 10.3% increase from the previous year. The budget aims for a 6.3% GDP growth, with 74.2% of funding sourced from domestic revenue as grants decrease by 39.1%. Key measures for investors include reducing the deemed profit-distribution tax from 30% to 15%, a one-year income tax holiday for new businesses, and VAT exemptions on specific sectors.

Tanzania's Planning and Investment Budget for 2026/27, amounting to TZS 144.85 billion, aims to support a new National Investment Policy and establish five strategic Special Economic Zones (SEZs) to attract over TZS 797 billion. The budget also targets making Tanzania a leading vehicle producer in Africa by 2030 and includes the creation of Youth Industrial SEZs across six regions. Ongoing flagship projects include Hengya Cement, Airtel's 5G rollout, and Songea Sukari's sugar complex.

Tanzania is continuing to invest in the maritime sector, which is creating more job and entrepreneurship opportunities for youth through training provided by the Dar es Salaam Maritime Institute (DMI). This was stated by the Deputy Vice Chancellor in charge of Planning, Finance, and Administration during the ongoing Public Service Week exhibitions in Dodoma.

According to Daily News, global investors are increasingly choosing Tanzania as a strategic investment destination due to its political stability, access to regional markets, abundant resources, reliable infrastructure, and a supportive government. These factors are seen as more significant than just tax incentives, making Tanzania an attractive option for international manufacturing companies.