News by Country
Published stories attached to Tanzania.
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The Tanzanian government has paid 49 billion shillings in compensation to residents relocating to pave the way for the Bagamoyo Port Strategic Project, with valuation and acquisition of 887 hectares now complete.
Construction of the GEMS International School of Zanzibar is expected to begin soon, with planned capacity raised from 1,100 to 1,500 students at the Infinity Hills mixed-use development near Stone Town.
Construction of a new VETA vocational college at Gezaulole in Kigamboni, Dar es Salaam, has reached 85 per cent completion, with the first courses expected to begin in November.
Infinity Developments has launched Phase One sales at Infinity Hills, a mixed-use community near Stone Town in Zanzibar developed with the Zanzibar Housing Corporation, recording multi-billion-shilling early transactions.
Six industrial projects worth a combined $1.567 billion are under construction at Tanzania's Bagamoyo Special Economic Zone, part of a drive to turn the area into a major manufacturing hub.
Zanzibar developer Infinity Developments has acquired the Beit Al Salaam Hotel in Stone Town in a multi-billion-shilling deal, expanding its hospitality and real-estate portfolio.
Zanzibar has halted the issuance of construction permits in areas identified as water sources and natural drainage channels, with Second Vice-President Hemed Suleiman Abdulla ordering district authorities to act against building in vulnerable zones.
Tanzanians living and doing business in Dubai have been encouraged to channel part of their earnings into property investment back home, amid growing opportunities in Tanzania's real estate and construction sectors.
As new residential and commercial developments reshape Dar es Salaam’s skyline, Zara Real Estate chief executive Hellen Kiwia argues the market should be judged on the quality and long-term value of what is built, not just volume.