Market News | Buildexpo Tanzania 2017

Market News

  • Major Mlimani City expansion project expected to cost $100 million

    Posted on :Monday , 18th September 2017

     A total of $100 million will be the total cost of the ongoing expansion project for Mlimani City (about Sh224 billion on the prevailing exchange rate) as investors seek to make sure that the facility meets international standards.
    According to the supplement addendum between the government, the investors and the University of Dar es Salaam, By December 2019 the expansion of . . .

  • Tanzania: Aga Khan University Set to Build Two More Campuses

    Posted on :Thursday , 27th July 2017

     The Aga Khan Development Network (AKDN) is preparing to build two university campuses for the Aga Khan University (AKU) in Tanzania.

    This was revealed yesterday by the director of the AKDN's Institute for Education Development (East Africa), Prof Joe Lugalla.
    He was addressing a press briefing in Dar es Salaam on the Ismaili Jubi. . .

  • Tanzania: NHC Gets Sh4.5tr Loan for Dar Project

    Posted on :Thursday , 27th July 2017

      In what can be described as a major boost, the National Housing Corporation (NHC) has secured a $2 billion (Sh4.5 trillion) loan from PTA Bank -- the financial arm of Comesa -- to construct a commercial centre and satellite city at Kawe in Dar es Salaam.

    This was revealed by the director general of NHC, Mr Nahemia Mchechu, yesterday.
    . . .

  • Tanzania-Turkey to Discuss Business Ties

    Posted on :Thursday , 27th July 2017

     TANZANIA and Turkey business people are expecting to meet this Thursday to discuss how the two countries could extend business ties.

    The one-day forum came merely seven months since Turkey President Recep Erdogan made a state visit in the country and signed various Memorandums of Understanding (MoU).
    Tanzania Private Sectors Foun. . .

  • Tanzania: Sh16bn Given for Building 3 Plants

    Posted on :Tuesday , 18th July 2017

     Dar es Salaam. LAPF Pensions Fund in the 2017/18 financial year has set aside Sh16 billion for the construction of three factories in Musoma, Kilimanjaro and Morogoro regions.

    According to LAPF, its board of trustees has already approved the budget. In addition to that over 30,000 people will get direct or indirect employment opportunities.
     <. . .


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