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May 27, 2019
Construction activity forecast to grow across Sub-Saharan Africa
Despite a number of significant risk factors that threaten to limit economic growth in the region, Mace’s latest Market View for Sub-Saharan Africa (SSA) reports that construction activity is forecast to grow across the region. While the overall outlook for construction activity in SSA is reasonably strong, with growth forecast at an average rate of…
May 27, 2019
Sh2.2trn to be used to expand Dar, Tanga and Mtwara ports, says President Magufuli
Dar es Salaam. The expansion of the three major ports in the Indian Ocean would cost Sh2.2 trillion President John Magufuli told workers during the May Day celebrations in Mbeya on May 1. President Magufuli was explaining how government money was being spent on development projects The expansion of the Dar es Salaam port alone…
May 17, 2019
Tanzania Construction
The construction industry in Tanzania includes real estate, transport infrastructure, and other civil works, including water supply. Construction in Tanzania contributed 12.5% to its GDP during 2014 with USD 6bn, while in 2008 the sector accounted for only 8.8% of the country’s GDP or USD 1.9bn. The growth rate of the Tanzanian construction sector was…