The Tanzania Buildings Agency (TBA) has invited local and international investors to submit Expressions of Interest (EOIs) for the development of 38 government-owned sites through Public-Private Partnership (PPP) arrangements, as part of efforts to accelerate the implementation of commercial building projects across the country.
In its Expression of Interest (EOI) notice, TBA said the investment opportunities cover sites in 20 regions and include residential, commercial, mixed-use, logistics and transport hubs, as well as hospitality and tourism developments.
According to the agency, it is seeking qualified investors with proven financial and technical capacity, as well as a strong track record in project implementation, to partner with TBA in developing the identified sites.
The initiative follows amendments made in August 2023 to the Establishment Order of TBA, which expanded the agency’s mandate and authorized it to undertake commercial property development projects.
TBA was established under the Government Executive Agencies Act No. 30 of 1997 with the responsibility of managing the development of government buildings, providing professional consultancy services, and overseeing the construction and maintenance of public buildings.
Among the major investment opportunities is a 630-acre site in Nzuguni, Dodoma, earmarked for commercial and residential development.
Other key locations include Masaki, Oysterbay, Magomeni and Pugu in Dar es Salaam, as well as sites in Arusha, Mbeya, Morogoro, Mwanza, Kigoma, Geita, Tabora, Kagera, Songwe, Simiyu and several other regions.
Tags
Front Pages
Kurasa za Magazeti
Magazeti
Magazeti ya Leo
Magazetini
Magazetini leo
Newspapers
Newspapers Today
Yaliyojiri Magazetini Leo