Tanzania government has successfully concluded talks with Chinese company Shudao Investment Group for the development of Liganga Iron Ore and Mchuchuma Coal projects.

These two initiatives are considered very important for the country's industrial and mining growth, as they contain large mineral reserves which can boost local industry and reduce dependence on imports.

Minister for Industry and Trade, Judith Kapinga, announced the deal during the National Assembly budget session for 2026/27, highlighting agreements on financing, shareholding, and operational management.

She also pointed out that these projects are expected to create jobs, transfer technology, and stimulate economic growth, especially in Njombe Region where the sites are located.The government is committed to ensuring the projects support broader industrial policy goals and attract further investment.With this deal, Tanzania moves closer to achieving sustainable industrialization and enhancing value addition in the mining sector.