Market News | Buildexpo Tanzania 2025

Market News

  • Tanzania: Norwegian Fertilizer Firm Invests $36 Billion in Dar Port to Boost Imports

    Posted on :Friday , 24th March 2017

    IN a bid to ensure production and supply of fertilisers in the country, the Norwegian YARA International company, which produces fertilisers has announced to invest 80bn/- at the Port of Dar es Salaam so as to improve the business.

     
    The idea is likely to improve agriculture production in the country, since majority farmers will benefit from the huge investment. The N. . .

  • Tanzania: China Hails Magufuli Leadership, Funds New Ministry Building

    Posted on :Friday , 24th March 2017

    PRESIDENT John Magufuli yesterday witnessed the signing of three agreements between governments of Tanzania and China to support expansion of police training institute in Kilimanjaro and construction of a building for the Ministry of Foreign Affairs and East African Co-operation.

     
    Through the agreements, Tanzania has secured 300,000 US dollars (about 660m/-) for the . . .

  • Tanzania: Kuwait Grants $48 Million Loan for Central Corridor Road Project

    Posted on :Thursday , 23rd March 2017

    THE Kuwait government through Kuwait Fund for Arab Economic Development has released a loan of 109bn/- to finance Nyahua- Chanya road project, which will boost economic development through the central corridor.

     
    Speaking to reporters shortly after the signing ceremony in Dar es Salaam yesterday, the Minister for Finance and Planning, Dr Philip Mpango, expressed grati. . .

  • Tanzania: World Bank President Arrives, Set to Kickoff Major Intersection Construction

    Posted on :Wednesday , 22nd March 2017

    THE World Bank (WB) Group President, Dr Jim Yong Kim, is expected to arrive in the country today for a three-day official visit, in which he will hold talks with President John Magufuli on robust development projects that are expected to be funded by WB.

     
    During his visit, Dr Kim will meet Dr Magufuli to discuss key engagements of the strategic partnership between Ta. . .

  • Tanzania: New Power Plant Set to End Dar's Water Woes

    Posted on :Thursday , 16th March 2017

    DAR ES SALAAM residents will soon breathe a sigh of relief over water shortages following completion of the construction of a 33KV power line that will enable pumping of 196 million litres of water from Upper Ruvu Water Treatment Plant to the city daily.

     
    The 45-km power line was constructed from Chalinze sub-station to Mlandizi, where the newly built water treatment. . .

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