April 10, 2026. Tanzania is moving forward with a major industrial investment that will include the local assembly of heavy-duty trucks powered by compressed natural gas (CNG) under a multi-billion-dollar project in the Coast Region.
The initiative follows the signing of a land lease agreement between the Tanzania Investment and Special Economic Zones Authority (Tiseza) and HWTZ SEZ Limited for the development of a large industrial complex within the Bagamoyo Eco-Maritime City Special Economic Zone.
The land lease agreement between Tiseza and HWTZ SEZ Limited was signed on April 9, 2026, forming the legal foundation for the development of the industrial project.
Speaking to journalists in Dar es Salaam on the same day, Tiseza General Director, Gilead Teri, said the project would be implemented on a 500-hectare site, representing about five percent of the total Bagamoyo Special Economic Zone area.
The agreement carries an investment commitment estimated at US$3 billion, placing it among the largest industrial undertakings recorded in Tanzania in recent years.
