Market News | Buildexpo Tanzania 2019

Market News

  • East Africa construction industry outlook promising-report

    Posted on :Monday , 14th January 2019

    The total number of projects in East Africa has risen by a substantial 96% between 2017 and 2018 with an equally substantial increase of 167% in the total US dollar value of projects, a new report has shown.

    The Africa Construction Trends (2018) by consultancy firm Deloitte, reveals that East Africa has a total of 139 projects at a combined value of US$87.1bn. The region accounts. . .

  • 806 acres of land set aside for construction of new industries in Tanzania

    Posted on :Saturday , 12th January 2019

    More than 806 acres of land has been set aside for construction of new industries by the government of Tanzania in the country's northern city Arusha.


    Construction is set to take place on the southern fringes of the 272 square-kilometer metropolitan area. As per the Arusha 2035 Master Plan prepared by consultants from Singapore, Oljoro, Olmoti and Terrat suburbs will accommodate. . .

  • East Africa construction industry to grow tenfold over the years

    Posted on :Monday , 7th January 2019

    Investment opportunities in infrastructure construction is set to expand at a rapid pace in East Africa. According to GlobalData, total infrastructure construction output is expected to soar from US$25.9bn in 2017 to US$98.8bn in 2022 in the three largest markets in the region, Ethiopia, Kenya and Tanzania.
     

    Yasmine Ghozzi, construction analyst at GlobalData said that Inves. . .

  • Hon'ble William Vangimembe Lukuvi, Minister for Lands, Housing and Human Settlement Development to inaugurate the 21st Buildexpo 2018 today

    Posted on :Thursday , 1st November 2018

     Hon'ble William Vangimembe Lukuvi, Minister for Lands, Housing and Human Settlement Development will inaugurate the 21st Buildexpo 2018 on the 1st of November 2018. The biggest brand of construction events in Africa, BUILDEXPO is featuring exhibitors from more than 30 countries. Reputed to be largest event in East Africa of its kind, the show dedicated to the building and construction ind. . .

  • Macro investments to boost trade in East Africa

    Posted on :Thursday , 25th October 2018

    Recent economic research and forecasts have found that investments in East African infrastructure construction are set to expand rapidly. Total infrastructure construction output in the region’s largest markets of Rwanda, Ethiopia, Kenya, and Tanzania, is expected to grow from USD 25.9 billion in 2017, to USD 98.8 billion in 2022.

    At present there are about 287 large scale publi. . .

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