Market News | Buildexpo Tanzania 2025

Market News

  • President Samia Launches Construction of 103 Vocational Schools in 41.6bn/- Initiative

    Posted on :Monday , 4th August 2025

    President Samia Suluhu Hassan has begun a historic education initiative by laying the groundwork for one of 103 projected vocational secondary schools across Tanzania, with a total cost of 41.6 billion/-. The formal launch was held at Amali-Mwamapalala Secondary School in Itilima District, Simiyu Region, one of the initiative's key schools and is currently being constructed at a cost of 1.6 bil. . .

  • AfDB Commits $2.5 Billion to Boost Tanzania's Infrastructure Development

    Posted on :Monday , 2nd June 2025

    The African Development Bank (AfDB) has committed US$2.5 billion to fund critical infrastructure projects in Tanzania, with over 70% allocated to transport-related developments such as roads, railways, and airports. According to Eng. Mumina Wa-Kyendo, Chief Transport Engineer at the AfDB Tanzania Office, the funding targets priority upgrades that will improve regional connectivity and logistics. . .

  • Tanzania Signs $385 Billion Deal to Build East Africa’s Largest Conference Centre

    Posted on :Tuesday , 1st April 2025

    The Arusha International Conference Centre (AICC) has entered into a cooperation agreement with the Public Service Social Security Fund (PSSSF) for the construction of the Mount Kilimanjaro International Conference Centre (MKICC), an a cutting-edge conference Centre valued at more than Sh385 billion.

     

    MKICC is expected to be completed in two years and operational by 2027, maki. . .

  • Tanzania and Burundi Ink $2.15bn Railway Deal with Chinese Firms

    Posted on :Monday , 10th February 2025

    Tanzania and Burundi have signed a contract with two Chinese companies to construct a railroad to transport metals, notably nickel, to Tanzania's port city of Dar es Salaam.

     

    China Railway Engineering Group and China Railway Engineering Design and Consulting Group are going to develop the $2.15 billion project, with financing from the African Development Bank (AfDB).

    <. . .

  • $10 Billion SGR Project Transforms Tanzanias Economy and Regional Connectivity

    Posted on :Monday , 10th February 2025

    Tanzania's segment of the Standard Gauge Railway is taking shape, and when completed, it will serve as Africa's longest railway line. Tanzania's government has underlined the revolutionary economic benefits that the expanding railway has brought to the country thus far. Tanzania's SGR commenced operating in June and amounts to a $10 billion project.

    &nbs. . .

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