|
|
|
Tanzania
-- Industry
Tanzania's
manufacturing
sector is
mainly engaged
in processing
agricultural
products
for local
consumption
and export.
Major industries
besides
processing
food include
the production
of cigarettes,
textiles,
vegetable
oil, cement
and fertilizer,
as well
as the refining
of imported
crude oil.
The government's
basic industrial
strategy
has been
one of import
substitution.
Between
1977 and
1981, a
five-year
plan allocated
24% of the
nation's
total investment
to this
sector.
In 1980,
industry
contributed
8.7% to
the country's
GDP, but
in 1987
this fell
to 4% of
the GDP.
The government
made valiant
efforts
to improve
the situation.
Later the
situation
improved,
and consequently
output rose
following
the influx
of foreign
resources
from the
IMF and
international
donors.
Import substitution
goals have
been realized
in a number
of industries.
Products
now exported
to neighboring
countries
include
tires, footwear,
textiles,
batteries,
clothing,
transformers
and other
electrical
equipment,
cement,
and paper.
The
five-year
plan of
1988 shifted
emphasis
from industrialization
to improving
infrastructure
and agriculture.
The World
Bank extended
a $350 million
loan for
the implementation
of a plan
to restructure
the financial
and industrial
sector,
a plan that
requires
a rather
fundamental
transformation.
The question
of privatization
is a critical
issue in
this reform
policy.
The Tanzania
Cigarette
Company
and a subsidiary
of Tanzania
Wood Industries
Corporation,
Imara Woodworks,
were among
the first
industries
to be privatized
in 1994.
|
|
|
|
|
|
|
|
