Market News
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Phase 1 construction of Dar Es Salaam SGR nears completion
Posted on :Thursday , 23rd May 2019
Phase one works on US $1.9bn Dar Es Salaam Standard Gauge Railiway (SGR) between Dar es Salaam and Morogoro in Tanzania nears completion. Minister for Works, Transport and Communications Isack Kamwele revealed the reports.
Phase 1 of the project that Dar es Salaam has been pushing since April 2017 include three passenger trains which will be making daily round trips between the t. . .CONSTRUCTION OF TERMINAL THREE AT JNIA NEARS COMPLETION
Posted on :Tuesday , 30th April 2019
Construction works on Julius Nyerere International Airport terminal 3 has been announced by the government of Tanzania that it is nearing completion. With only final touches remaining before being handed over to the government for operations. Works, Transport and Communications Minister Isack Kamwelwe announced that the project is 96% complete.
The construction began with J. . .
Tanzania mega-investment in rural healthcare facilities
Posted on :Thursday , 28th March 2019
Construction of 67 new district health facilities countrywide have been confirmed by the Tanzanian govenment and it has been revealed that the project is on the advanced stages. Reducing challenges confronted by people from the rural areas is one the primary aims for the construction of the new facilities.
According to Prime Minister Kassim Majaliwa, the plan is to have quality healthca. . .
East Africa retains lead as top investment destination in 2019
Posted on :Thursday , 7th February 2019
Where to Invest in Africa 2019? RMB has the answer. Kenya, Rwanda, Ethiopia and Tanzania will be among Africa’s most attractive investment destinations in 2019. According to a report prepared after an extensive study by South Africa based Rand Merchant Bank (RMB). The RMB Investment Attractiveness index scrutinises a countries’ economic and operating environments to evaluate their p. . .
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. . .Please Select an Option
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