Market News
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Tanzania: Construction of Central Railway Begins As Dar, Beijing Sign MoU
Posted on :Tuesday , 26th July 2016
Construction of a 2,190-kilometre central railway line to standard gauge has begun after the government signed a Memorandum of Understanding (MoU) with Exim Bank of China in Dar es Salaam yesterday.The agreement involves forming technical teams from both sides to oversee various issues regarding the whole construction process and other administration matters. T. . .Tanzania: Dodoma to Get Commercial Hub, Dry Port
Posted on :Saturday , 23rd July 2016
Dodoma — The government plans to establish a commercial hub and dry port in Dodoma for anticipated rise in commercial activities after completion of upgrading of the airport in the designated capital.
The Prime Minister, Kassim Majaliwa, has instructed the office of Dodoma Regional Commissioner and the Capital Development Authority (CDA) to allocate areas to e. . .Tanzania: AfDB Satisfied with Implementation of Water Projects, Pledges More Help
Posted on :Friday , 22nd July 2016
African Development Bank (AfDB) has expressed satisfaction on Tanzania's implementation of water and sanitation projects, promising to continue working closely with the government towards the target of availing water and sanitation services to more citizens.
AfDB Director of Water and Sanitation Department Mohamed El Azizi said in Dar es Salaam yesterday that the ba. . .Tanzania: World Bank Releases Sh100 Million for New Dry Port
Posted on :Friday , 22nd July 2016
Dodoma — The World Bank (WB) through the Local Investment Climate (LIC) has disbursed Sh100 million for the construction of a dry port here, Prime Minister Kassim Majaliwa revealed yesterday.
The Premier directed the Capital Development Authority (CDA) and the office of the regional commissioner to set aside land for the construction of the port.&. . .Tanzania: Chinese Bank to Loan U.S.$7.6 Billion for Railway Project
Posted on :Friday , 22nd July 2016
Plans for the construction of a 2,190-kilometre central railway line to standard gauge form are now up for implementation as Chinese Exim Bank has agreed to give a soft loan of 7.6 US dollars (about 16 trillion/-) to finance the project.
According to a statement issued yesterday by the State House, the amount is enough to cover construction of 2,190 kilometres. The . . .Please Select an Option
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