MaxShimba
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Tanzania to Spend $5 Billion on Transport Upgrade (Update1)
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By Ray Naluyaga
Aug. 12 (Bloomberg) -- Tanzania will spend $5 billion over the next five years to upgrade its transport system, Infrastructure Development Minister Shukuru Kawambwa said.
The project is part of the East African nations transport investment program, which will run over two five-year phases and will develop roads, ports, railways, airports and ferries, Kawambwa said at a conference in the commercial capital Dar es Salaam today.
It is expected that by 2018, all trunk roads will be paved, thus enabling all regional centers to be linked with paved roads and all district headquarters to be linked with all weather roads, he said.
Due to low levels of investment, Tanzanias transport infrastructure is inadequate to cope with growing demand, Kawambwa said.
The government can ill afford to develop the system alone, and needs to partner with the private investors, he said, without adding more detail.
The country is in talks with the Japanese government to secure funds to build flyovers in Dar es Salaam to ease traffic congestion, Prime Minister Mizengo Pinda said on July 27.
To contact the reporter on this story: Ray Naluyaga in Dar es Salaam via Johannesburg on 1999 or pmrichardson@bloomberg.net
Share | Email | Print | A A A
By Ray Naluyaga
Aug. 12 (Bloomberg) -- Tanzania will spend $5 billion over the next five years to upgrade its transport system, Infrastructure Development Minister Shukuru Kawambwa said.
The project is part of the East African nations transport investment program, which will run over two five-year phases and will develop roads, ports, railways, airports and ferries, Kawambwa said at a conference in the commercial capital Dar es Salaam today.
It is expected that by 2018, all trunk roads will be paved, thus enabling all regional centers to be linked with paved roads and all district headquarters to be linked with all weather roads, he said.
Due to low levels of investment, Tanzanias transport infrastructure is inadequate to cope with growing demand, Kawambwa said.
The government can ill afford to develop the system alone, and needs to partner with the private investors, he said, without adding more detail.
The country is in talks with the Japanese government to secure funds to build flyovers in Dar es Salaam to ease traffic congestion, Prime Minister Mizengo Pinda said on July 27.
To contact the reporter on this story: Ray Naluyaga in Dar es Salaam via Johannesburg on 1999 or pmrichardson@bloomberg.net