Market News
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Tanzania’s Construction Sector Driving Economic Transformation and Infrastructure Growth
Posted on :Monday , 1st June 2026
Tanzania’s construction industry continues to strengthen its position as one of the country’s most dynamic economic sectors, playing a central role in advancing national development and infrastructure transformation under the Fourth Five-Year Development Plan (FYDP IV).
Contributing 12.8 percent to the country’s GDP and recording strong growth in 2024, the sector has em. . .
Tanzania’s Construction Sector Set to Hit Sh40.44 Trillion by 2030
Posted on :Wednesday , 1st April 2026
Tanzania’s construction industry is poised for sustained growth, with projections indicating the sector will reach a value of Sh40.44 trillion by 2030, reinforcing its position as one of the country’s fastest-growing economic drivers. This growth is underpinned by rising investor interest, continued government spending on infrastructure, and rapid urbanisation across key cities.
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Government Launches Major Dual Carriageway Construction in Mbeya Region
Posted on :Monday , 2nd February 2026
The Tanzania Government is pushing forward with major road construction projects in Mbeya Region, spearheaded by the development of a 29-kilometre dual carriageway between Uyole (Nsalaga) and Ifisi, along with the expansion of a bypass at Mlima Nyoka on the TANZAM Highway. These projects are designed to improve traffic flow and enhance road safety.
The dual carriageway is being built by . . .
Construction of East Africa’s Deepest Port Set to Begin as Tanzania Revives Bagamoyo Project
Posted on :Monday , 1st December 2025
Tanzania will finally begin the Construction of long-awaited Bagamoyo Port this December, marking the end of a 10-year delay and ushering in one of the country’s most ambitious construction undertakings.
The government confirmed that all preparations are complete for the launch of construction works on the massive port project, situated about 75 km northeast of Dar es Salaam. The B. . .
Tanzania’s Construction Boom Opens Doors for Local Engineers
Posted on :Thursday , 2nd October 2025
The enormous spike in ongoing construction projects around the country has created new opportunities for local engineers, attracting thousands to national development initiatives that were formerly dominated by foreign specialists. A growing pattern not only enhances professional expertise at home, but also offers the impetus required to fulfil the country's Vision 2050 for the construction sec. . .
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