Factors Driving Industrialisation through Export Processing Zone Model: Tanzanian Experience

Abstract

This study aimed to establish factors for successful industrialization for a country
like Tanzania. Specifically, this study sought to understand how industrialization
can effectively be implemented in a developing country like Tanzania. The study
employed a qualitative descriptive approach. Semi-structured face-to-face
interviews were used to obtain data and data was analysed using thematic
content analysis. The findings of the study revealed that engagement of the
private sector in the development of the industrial sector, recognition of the
political buy-in and support are decisive factors for industrialization, prioritizing
the industrial sector in the budget allocation process, active engagement of other
players from the industrial economy in the process of industrializing the country,
and ensuring consistency and stability of policies. This study adds onto the lack
of literature on the aspect under focus. Much has been debated in the literature
about approaches to industrialization as well as what constitutes good industrial
policy. However, this study extends the discussion by exploring factors for
successful industrial policy for a developing country like Tanzania