Tanzania, April 23 -- Dar es Salaam. The business community has identified priority reform areas aimed at supporting Tanzania's ambition to build a $1 trillion economy by 2050.

The private sector is expected to shoulder more than 70 percent of the implementation costs of the National Five-Year Development Plan (2026/27-2030/31), making its effective participation critical to achieving the country's long-term economic targets.

The secretary general of the Tanzania Institute of Quantity Surveyors (TIQS), Mr Mrisho Saidi, said unless challenges affecting key sectors such as forestry, maritime transport and local contractor participation are addressed, the country may struggle to reach the targeted milestone within the stipulated timeframe....