The move is aimed at cutting the cost of importing them and becoming a major exporter of vaccines in Eastern and Southern Africa.
Tanzania estimated to spend about $93 million by 2030 importing vaccines.
President Samia Suluhu has asked the European Union to consider funding the plan.
“Tanzania wishes to submit a proposal on the same, and I am looking forward to facilitation of this idea into a fruitful project. I trust this plan, when implemented, will open new avenues to deepen our ties,” President Suluhu told the European Council president Charles Michel during a visit to Belgium.
Tanzania has received development assistance from the EU worth more than $2.6 billion since 1975, a statement released on Wednesday by the Director of Presidential Communications Zuhura Yunus disclosed.