Tanzania has called on Japan to deepen economic and investment cooperation, urging a shift from long-standing diplomatic and development ties to concrete projects in production, manufacturing and trade. Speaking in Tokyo, Minister of State in the President's Office for Planning and Investment, Professor Kitila Mkumbo, said Tanzania wants Japanese companies to invest, manufacture and add value in the country, according to the Daily News report.

Tanzania is seeking deeper cooperation with South Korea that goes beyond technology transfer, aiming to learn how research, innovation and industrial capability can be converted into businesses, jobs and globally competitive products. According to Daily News, the ambition is taking shape through a new partnership between the Tanzania Commission for Science and Technology (COSTECH) and South Korea's Incheon, positioning the Asian nation's development model as a reference point for Tanzania's industrial and innovation ambitions.

In Q4 2025, the Tanzania Investment and Special Economic Zones Authority reported 278 projects valued at USD 3.16 billion, significantly up from USD 1.57 billion the previous year. This investment is expected to create 71,412 jobs, with China contributing USD 950 million. The report also announced the opening of four Special Economic Zones in Bagamoyo, Kibaha, Dodoma, and Kahama, and two public-private partnership projects in Dar es Salaam worth TZS 182 billion, targeting sectors like manufacturing and mining.

During President Tharman Shanmugaratnam's state visit to Tanzania, the two countries signed five agreements covering taxation, trade facilitation, public service capacity building, and diplomatic cooperation. They also emphasized plans to enhance collaboration in investment, digital transformation, logistics, financial services, and industrial development, with bilateral trade reaching USD 74 million and Singaporean investments in Tanzania exceeding USD 535 million.

The Tanzanian government has encouraged local entrepreneurs and investors to capitalize on the expanding economic opportunities in China to enhance their businesses and boost exports of domestically produced goods. This appeal was made by Deputy Minister for Industry and Trade, Dennis Londo, during the launch of a Clinic Day organized by the Embassy.

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.