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Description / Abstract

This Third National Five Year Development Plan (FYDP III) for the period 2021/2026 is a nationwide multisector document aiming at achieving the goals set in the National Development Vision 2025. The main areas included in the Plan are (i) increasing the country’s capacity for production; (ii) building a competitive economy that will stimulate the country’s participation in trade and investment; and (iii) stimulate human development. In achieving the priority areas of the Plan, the strategic objectives of the FYDP III are (i) improve key productive infrastructures including roads, railways, water, and air transport as well as reliable access to energy; (ii) strengthen the business and investment enabling environment through effective policies to facilitate free private-sector competition; and (iii) improve and strengthen education and training systems, including reforming the education curriculum in line with labor market demand as well as integrating research and development with productive economic activities. To achieve these objectives, main efforts will be directed to (i) identification of interventions designed to improve the competitiveness of the country (also through a transformative participation of the private sector and non-state actors in the competitive economy); (ii) interventions to further deepen industrialization; (iii) trade and investment to increase Tanzania’s participation in global and regional trade; (iv) social development, emphasizing coverage, equity and quality of services to attain inclusive economy; and (v) skills development.To help eliminate hunger, the Plan focuses on improved agricultural production, achieved through the introduction of modern crop management systems, and an increased storage capacity.
 

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