- AfDB Leads $1.2 Billion Financing Syndication for Tanzania’s SGR
- Government Kickstarts Sh8.1 Billion Equalisation Fund Projects across 34 Counties
- Tanzania Signs $35 Million Deal for Jangwani Bridge Project Construction
- Multi-Billion Road Project Set to Boost Thika’s Industrial and Economic Prospects
- Tanzania's New $5 Billion Administrative Capital: Magufuli City Underway
- Construction Begins on Tanzania's Multibillion 22-Storey Twin Towers in Nairobi
- 2024-25 Budget Speech Highlights the Growth and Priorities of Tanzania's Construction Sector
- More Than 19 Companies To Represent 'Saudi Made' At BUILDEXPO Africa 2024
- Record breaking figures at Kenya's biggest construction trade exhibition
- Kenya Unveils $2 Billion Plan for New Nairobi Airport Project amid Growing Pressure on JKIA
Major projects in Tanzania all set to boost the economy by 2025
Eastern Africa countries have amplified investment in infrastructure projects in the past 5 years with Tanzania leading in terms of the value and number of projects that broke ground by June last year.
The Government have started to implement the National Five-Year Development Plan 2016/17 – 2020/2021, which targets at fostering industrialization for economic transformation and human development.
Through a partnership between Tanzania, China and Oman, the aspiring Bagamoyo port is now being established in Tanzania, along with around 190 industries built throughout a 1,700-hectare special economic zone adjacent to the port.
This mega infrastructure project costing US $11bn is designed to become Africa’s largest port. The port is built to be able to handle 20 million containers annually once it’s finished by 2045. The project is said to position Tanzania into a regional economic powerhouse.
Tanzania is all set to become the 3rd country in East Africa to start relishing modern railway services after its neighbouring States Kenya and Ethiopia.
The Government of Tanzania is also on the mission of constructing a new electric railway line by means of domestic resources from Dar es salaam – Morogoro – Dodoma about 700 Km. The entire projects cover a distance of about 2,707 Km, with 3 branches from Dar es salaam, Tabora - Kigoma (1,251 kms); Tabora – Mwanza (379 kms) and Kaliua – Mpanda (210 kms).
This project is anticipated to progress transportation of cargo and passengers in the central corridor. It is expected to lessen time and freight for cargo destined to bordering countries like Rwanda, Burundi, Uganda and DRC.
The project is major part of programme to expand the East African Nation’s infrastructure which will be built in Msalato, 12 km from Dodoma. The project will also comprise of a passenger terminal, runway and related infrastructure.
Posted on : 11 Jul,2021
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