The premier said this yesterday at a meeting with the Tanzania Private Sector Foundation (TPSF) board members at his Dar es Salaam residence.
Majaliwa acknowledged TPSF chairman Salum Shamte and other board members for being elected to lead the institution.
"The government has a real intention of cooperating with the private sector so as to make Tanzania reach its goal of becoming a middle income country come 2025,” the premier stated.
Board chairman Shamte told the premier that the private sector recognises the government's efforts to improve the business environment in Tanzania.
"We are ready to cooperate with the government by identifying traders who are going against the law,” the chairman said.
Shamte asked the government to continue providing a good businesses environment that begins to encourage more investments in the country.
In another development, Majaliwa has urged Tanzanians to continue respecting and promote the culture that is their heritage.
He said promoting culture is good because it gives opportunities to some foreigners to come and learn the history of Tanzania and its people.
Majaliwa was speaking on Friday evening when he visited the cultural festival of the Lindi community in Dar es Salaam.
"I am pleased to see houses with various cultural tools that were used by our elders as well as natural foods,” he said.
He added that "I do not expect to see what I see; I thank all who participated in this concert.”
He said the festival has united Lindi people from different districts and it offers an opportunity to discuss the progress of their region and the nation as a whole.
The premier urged city residents to visit Makumbusho village where they can see key symbols of the history of Lindi region as well as the kind of opportunities if offers.
Earlier, Lindi Regional Commissioner Godfrey Zambi said the region has used the festival to provide information to the public about various investment opportunities available in Lindi region.