{"id":38193,"date":"2021-10-07T16:43:31","date_gmt":"2021-10-07T16:43:31","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=38193"},"modified":"2021-10-07T15:51:42","modified_gmt":"2021-10-07T15:51:42","slug":"nits-4th-five-year-plan-role-in-economy-highlighted","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted","title":{"rendered":"NIT\u2019s 4th five year plan role in economy highlighted"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong><a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a> &#8211; <a href=\"https:\/\/www.africa-press.net\/tanzania\">Tanzania<\/a>. <\/strong><\/span>The National Institute of Transport (NIT) has said the fourth five-year strategic plan will guide it in executing its mandates as stipulated in the establishing instrument in the process of transforming the economy to realise competitiveness and industrialization for human development by 2025\/26.<\/p>\n<p>The fourth five-year strategic plan (FYRSP IV) 2021\/22 \u2014 2025\/26 was developed in accordance with the Country\u2019s 2021 Medium Term Strategic Planning and Budgeting Manual.<\/p>\n<p>\u201cThe plan was prepared in a participatory approach. The Institution\u2019s situational analysis and end term evaluation were carried out which led to the development of the 4th FYRSP 2021\/22 \u2013 2025\/26,\u201d the NIT Rector Prof Zacharia Mganilwa told participants of the external stakeholders&#8217; workshop held in Dar es Salaam recently.<\/p>\n<p>Prof Mganilwa added, \u201cDuring the implementation of FYRSP III (2016\/17-2020\/21), NIT registered many achievements and challenges in the course of executing the seven (7) Plan objectives.\u201d<\/p>\n<p>He named the plan objectives as staff recruitment and capacity building, increase in training programmes, an increase of programmes and enrollment of students, expansion of infrastructure, acquisition of state of the art training equipment and facilities, the establishment of a centre of excellence.<\/p>\n<p>Others are the establishment of entrepreneurship and business incubation centre, improvement of internal revenue, land acquisition in Lindi, Dodoma and Kilimanjaro and Enhanced industry and stakeholder\u2019s linkage.<\/p>\n<p>He disclosed other achievements as established centres of excellences in aviation and transport operations financed by the World Bank as well in road safety financed by Africa Development Bank (AfDB) and establishment of entrepreneurship and business incubation centre.<\/p>\n<p>He said that the internally generated revenue increased from 10.38bn\/- in 2016\/17 to 21.76bn\/-in 2020\/21, an increase of 110 per cent.<\/p>\n<p>\u201cOther achievements in the past rolling strategic plan including the acquisition of 125 acres in Kikwetu Lindi for the construction of the College of Maritime and Petroleum Technology,\u201d he said.<\/p>\n<p>Adding, \u201cWe are also on the final stage to acquire 1005 acres in Kitelela Msalato Dodoma to establish College of Railway Transport Technology.\u201d<\/p>\n<p>Apart from that, he said: \u201cWe leased 60 hectares at KIA to establish the government Flying School, acquired two plots at Njedengwa in Dodoma (1,505 and 1,502 m2) for construction of student and staff rest house and we have also established an Industrial Advisory Committee to enhance the linkage between NIT and the stakeholder\u2019s.\u201d<\/p>\n<p>Prof Mganilwa mentioned some of the challenges that the Institute faced when implementing the just ended rolling strategic plan as inadequate government funding for learning infrastructure and facilities, brain drain due to inadequate staff remuneration and retirement benefits as well as inadequate government funding for research.<\/p>\n<p>\u201cIn the just ended rolling strategic plan, we have also observed the inadequate collaboration between tertiary institutions and organized private sectors, inadequate of specialized expertise in Tanzania to some modes of transport such as pipeline, shipping, railways, and air transport as well as the outbreak of pandemic diseases such as Covid-19 and higher cost for training transport professionals overseas,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Tanzania. The National Institute of Transport (NIT) has said the fourth five-year strategic plan will guide it in executing its mandates as stipulated in the establishing instrument in the process of transforming the economy to realise competitiveness and industrialization for human development by 2025\/26. The fourth five-year strategic plan (FYRSP IV) 2021\/22 \u2014 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":38192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6990,6991,711],"class_list":["post-38193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NIT\u2019s 4th five year plan role in economy highlighted - Tanzania<\/title>\n<meta name=\"description\" content=\"The National Institute of Transport (NIT) has said the fourth five-year strategic plan will guide it in executing its ma ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIT\u2019s 4th five year plan role in economy highlighted\" \/>\n<meta property=\"og:description\" content=\"The National Institute of Transport (NIT) has said the fourth five-year strategic plan will guide it in executing its ma ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-07T16:43:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-615f177934d52.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NIT\u2019s 4th five year plan role in economy highlighted\",\"datePublished\":\"2021-10-07T16:43:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted\"},\"wordCount\":489,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/10\/img-615f177934d52.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/nits-4th-five-year-plan-role-in-economy-highlighted\",\"name\":\"NIT\u2019s 4th five year plan role in economy highlighted - 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