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Tanzania has found huge deposits of uranium mainly in Namtumbo (Mkuju), Bahi, Galapo, Minjingu, Mbulu, Simanjiro, Lake Natron, Manyoni, Songea, Tunduru, Madaba and Nachingwea. One of the major uranium development projects is the Mkuju River Project, currently under preparatory operations. The project's operator is Russia's Uranium One Inc.
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Tanzania has undergone impressive political and economic developments and improvements in social welfare in recent years. However, the country continues to face considerable development challenges, not least in essential areas such as economic distribution, population growth, corruption and a stronger division between party and state.
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The government of Tanzania has adopted a development plan to transform the country into a middle income economy by year 2025 named the Tanzania National Development Vision 2025. This vision will be undertaken in three main Five-Year Development Plans (FYDPs) BUSINESS SWEDEN 22 FEBRUARY, 2017 4 TANZANIA HAS ADOPTED A NATIONAL DEVELOPMENT
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