Market News | Buildexpo Tanzania 2018

Market News

  • Construction elevates in Tanzania

    Posted on :Friday , 7th September 2018

    DAR ES SALAAM  -- According to the Minister for Finance and Planning, Philip Mpango, emphasis in 2018 and further will be focused on construction and rehabilitation of infrastructure including airports, railways, roads, bridges and ports. He said approx. 5.3 billion U.S. dollars for the upcoming 2018 fiscal year, have been allocated for implementation of the outlined development plan and p. . .

  • Rukwa coal plant project in Tanzania to be upgraded to increase output

    Posted on :Saturday , 1st September 2018

    The Rukwa coal plant project is scheduled to complete the processing plant upgradation work by the end of September. The company carrying out the project Edenville Energy said that post upgradationthe plant will allow for increased throughput.

    After reviewing various options for acquiring a pre-screening plant to remove the majority of coal fines before reaching the washing circuit, bot. . .

  • Tanzanian economy expected to grow vibrantly in 2018 and going forward

    Posted on :Saturday , 1st September 2018

    The Minister for Finance of Tanzania said on Monday that the economy is expected to grow by 7.2 percent in 2018, up from around 7.1 percent last year, and the fiscal deficit will increase on the back of higher infrastructure spending.

     Economic output in the East African nation is expected to be boosted by positive activity in the key mining, construction, transport and commun. . .

  • Water projects under Tanga UWASA undergo major upgrade

    Posted on :Wednesday , 22nd August 2018

    In a significant development a contract between the Tanga Urban Water and Sanitation Authority (Tanga Uwasa) and Juin Company Ltd. for the rehabilitation of the Lushoto Town water infrastructure to ease water supply was signed. The project, is aimed at easing the supply of water in the district, and will be constructed to the tune of US $341,000 and is expected to take 8 months to be complete.<. . .

  • BASF and Mitsubishi boost local presence in East Africa and ignite market competition

    Posted on :Wednesday , 22nd August 2018

    In a significant indication of the investment potential of Tanzania, he world’s largest chemical company, BASF Group opened a new office in Dar es Salaam to support planned growth within the country.

    BASF sources explained during the opening that their presence in the country will allow them to respond to challenges arising from the competitive conditions in the market, while also. . .

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