Tanzania is stepping up efforts to attract Turkish investors to strengthen its industrial sector. Industry currently accounts for 29% of the country’s gross domestic product (GDP), making industrial development a key priority.
First, on October 16, 2026, Kitila Mkumbo, Minister of State for Planning and Investment, invited Turkish business leaders to invest in Tanzania. The meeting took place in Dar es Salaam with a delegation from the Independent Industrialists and Businessmen’s Association of Türkiye (MÜSİAD). Both sides agreed to continue discussions, but no specific financial commitments were announced.
Meanwhile, Tanzania’s investment authority, TISEZA, presented opportunities in manufacturing, energy, mining, infrastructure, construction, agriculture and food processing. Several Turkish companies have also expressed interest in the country. Doğanlar Agriculture is exploring opportunities involving agricultural machinery and technology. AVES has shown interest in sunflower cultivation and vegetable oil processing, while AKSOY Group has discussed possible cooperation on road construction. Turkish textile companies have also expressed interest in Tanzania’s cotton industry.
Furthermore, the government is working to improve the business environment. Plans include preparing industrial sites with essential infrastructure, simplifying administrative procedures and reviewing incentives offered in special economic zones. Tanzania and Türkiye also signed two agreements in May 2026 to address double taxation and prevent tax evasion, subject to their entry into force.
Finally, these initiatives reflect Tanzania’s ambition to turn foreign interest into concrete industrial investment. However, the companies mentioned have not confirmed major new investments. The government’s main challenge is therefore to convert ongoing discussions into funded projects that create jobs and expand domestic production.
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