Tanzania signs three exchange notes with Japan
THE dream of having at least the first flyover in Tanzania which is to be built later in Dar es Salaam city appears to come true following the signing of the preliminary stage of a detailed structural design of a project between Tanzania and Japanese governments in Dar es Salaam.
The two countries recently signed three Exchange of Notes under which the government of Tanzania will access grant assistance to facilitate its three projects from the Japanese government amounting to the total value of 1.552 billion Japanese Yen, which is equivalent to Tanzania shillings 28.2 billion.
The Minister for Finance, Dr. William Mgimwa led Tanzania government during the signing ceremony whereas the Japanese Ambassador accredited in the country Masaki Okada led the Japanese government in this occasion which took place yesterday at the headquarter of the Ministry of Finance in Dar es Salaam. Minister Mgimwa said in his key note address that, the first project involves a detailed design worth Japanese Yen 67 million, approximately Sh. 1.26 billion which covers a flyover for the TAZARA intersection where Nyerere Road crosses Nelson Mandela Road in which a double-lane flyover will be laid.
This is flyover which many Tanzanians have been waiting for with anxiousness. Authorities in Japan have already approved a detailed design for the multi-billion shilling flyover project to be built at the junction of Nelson Mandela and Nyerere roads, paving way for construction works to start next year.
In the second project the Japanese government under the project for improvement of transport capacity in Dar es Salaam, will make available to Tanzania government is a grant amounting to Japanese Yen 1.108 billion,
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KNOWLEDGE MATTERS: Tanzania signs three exchange notes with Japan