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Market News

  • Construction of longest bridge in Tanzania on track

    Posted on :Thursday , 24th June 2021

    Construction works on the longest bridge in Tanzania is on track. The country’s President Samia Suluhu inspected the works and confirmed the project stands at 27% complete.

     

    The government inked a contract with two Chinese contractors-the China Civil Engineering Construction Group (CCECG) and China Railway 15th Bureau Group Co Ltd for the execution of the bridge dubbed &. . .

  • Firm in Tanzania Introduces Low Cost, Time Saving Construction Technology

    Posted on :Wednesday , 23rd June 2021

    Locally owned Tanzania Company has recently introduced a new road construction technology which is known as Cold Mix Asphalt Technique (CMA), to Tanzania National Roads Agency (Tanroads) and other stakeholders with the determination of cutting down construction costs and to protect and conserve the environment as well as save time.

    The Company's top official, stated during construction s. . .

  • Construction of Msalato International Airport in Tanzania to start soon

    Posted on :Friday , 11th June 2021

    The construction works of the proposed Msalato International Airport (MSIA) in Tanzania are expected to start after this financial year according to the Tanzania Airports Authority.

     

    This will probably come following the approval of the 2021/22 budget that was recently presented to the East African country’s parliament by the Ministry of Works and Transport. In the over . . .

  • Long-stalled US $30bn LNG project in Lindi Tanzania to be revived

    Posted on :Friday , 23rd April 2021

    The newly sworn-in Tanzania President Samia Suluhu Hassan is set to revive the long-stalled US $30bn liquefied natural gas LNG project in Lindi Tanzania. The project was sidelined under the administration of the former President, the late John Pombe Magufuli with his administration instead prioritising the East Africa Crude Oil Pipeline to take oil from Uganda to the Tanzanian port of Tanga.

  • Dar Leads East Africa on construction projects

    Posted on :Tuesday , 27th October 2020

    In terms of infrastructure investments, Tanzania is leading the East African bloc in terms of value.

     

    The region, the second-largest economy in the EAC, according to the Africa Construction Trends Report 2019, reported a total project value of USD 60.3 billion last year. Tanzania's overall project share is 41.2 percent, the highest potion in East Africa's total investment valu. . .

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