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442 Million USD Niobium Mining Project Expected to Accelerate Growth

Habari mpya za uchumi Tanzania · maelezo ya 442 Million USD Niobium Mining Project Expected to Acce… · imesasishwa 12 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji

Muhtasari

  • He also pointed to the Liquefied Natural Gas (LNG) project and a recently signed 442 million US dollar niobium mining project as strategic investments expected to further accelerate growth.
  • Looking ahead, the government targets 6.3 per cent economic growth in 2026, while keeping inflation within the target range, increasing domestic revenue collection and creating 1.7 million jobs.
  • He cited the over 500 million US dollar Nyanzaga Gold Project in Mwanza, as well as iron and aluminium projects in Liganga and Songea, among key investments set to strengthen the economy.
  • DODOMA: THE government has said major investments in mining, gas and energy projects are set to propel the country’s economic growth by 6.3 per cent this year.
  • Opening a virtual meeting with experts from Fitch Ratings, the minister noted that the economy has continued to strengthen, rising from 5 per cent in 2024 to 5.9 per cent last year, with further improvement expected.

Nukuu za habari mpya na vyanzo: 442 Million USD Niobium Mining Project Expected to Acce…

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