Early in 2016, the government launched the FYDP II, with the intention of addressing the shortfalls within the FYDP I and to provide a blueprint as Tanzania embarks on an industrialisation path in the next five years (2016 – 2021).
Referencing the FYDP I, the government recognized that the initial plan failed to achieve most of its targets. Whilst the government has determined that Tanzania’s industrialisation is a priority in the coming five years, shortfalls within the plan may set the country up for failure yet again if the issues are not adequately addressed.
Previous public private dialogues (PPD) conducted late in 2016, which sought to address the challenges and issues within the FYDP II have not garnered much traction. In order for Tanzania to succeed, a new approach and a new way of thinking is urgently required. The successful implementation of FYDP II will require a deeper understanding of why previous attempts at industrialisation have failed and adopt measures to ensure those mistakes are not repeated.
Authored by Ali Mufuruki, Rahim Mawji, Moremi Marwa and Gilman Kasiga and endorsed by the President of Tanzania, H.E. John Pombe Magufuli, the book Tanzania’s Industrialisation Journey addresses the following key issues:
- The importance of ensuring prioritization, planning and execution
- Attracting the right type of foreign direct investment to achieve economic development goals
- Access to affordable and reliable energy as the key to unlocking Tanzania’s industrialisation potential
- Skills development, capacity building and technology transfer
The CEO Roundtable recognizes the importance of this book as a way of encouraging and engaging in meaningful dialogue to ensure a more conducive environment to support the country’s plans for development. Therefore, the CEOrt is pleased to take a leading role by supporting the publication and launch of the book.
The book launch event will take place on Tuesday, 29th August from 08:00hrs – 14:00hrs and will include over 150 leaders from the Public Sector, Development Partners and the Private Sector. Furthermore, the launch of the publication will serve as a springboard towards enhanced dialogue with government leadership in order to align, coordinate and ensure private sector participation in the implementation of the plan.