Market News

Tanzania has commenced construction of the sixth section of its Standard Gauge Railway (SGR), a major infrastructure project valued at approximately US$2.85 billion. The 506-kilometer railway line will link Tabora and Kigoma, marking another significant milestone in the country’s ongoing railway m . . .

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 . . .

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, conti . . .

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 designe . . .

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 work . . .