The Tanzanian government has committed Sh25 trillion ($9 billion) to fund a range of infrastructure projects across the country, with over 84 initiatives already underway.
The announcement was made by the Executive Director of the Public-Private Partnership Center (PPPC), David Kafulila, during a seminar with the Parliamentary Standing Committee on Regional Administration and Local Government in Dar es Salaam. Kafulila emphasized the importance of these projects in driving development and attracting investment, noting their progress through various stages such as feasibility studies, procurement, and construction.
Key ongoing projects include the $340 million Kibaha-Chalinze road, the $1 billion construction of ring roads, and the Dar es Salaam Development Corporation’s $37 billion plan for a modern commercial complex in the bustling Kariakoo area. The initiative aims to enhance the city’s investment appeal, in line with President Samia Hassan’s pro-business agenda.
Kafulila also revealed plans by the Tanzania Railways Corporation to explore the feasibility of a new railway line connecting Kariakoo with Tegeta and Mlimani City. He emphasized the need for strict adherence to legal frameworks to ensure the long-term sustainability of these ventures.
The investment highlights Tanzania’s push to enhance its infrastructure and bolster economic growth through public-private partnerships.