TANZANIA - DEVELOPMENT OF DAR ES SALAAM WATERFRONT (09089)
The Tanzania Port Authority (TPA) has decided to develop a portion of its property inside the Dar es Salaam Harbor into an international quality mixed-use urban waterfront project was engaged by TPA to provide advisory services for development of the waterfront project site.
The site for development includes approximately 100,000 square-meters of waterfront space, spanning 1.1 kilometers inside Dar es Salaam Harbor. The goal of the project is to improve the city’s overall perception and its ability to take advantage of Tanzania’s growing attractiveness as a world class international tourist destination. At the same time, the developed waterfront will provide a new venue for accommodation, commercial activities, recreation and entertainment for the citizens of Dar es Salaam in the city’s premiere location.
As part of Phase 1 of this project, CPCS completed the following key tasks:
- Conducted a feasibility study for the project including market, legal, technical, and financial feasibility;
- Developed a conceptual design for the site for both buildings and site infrastructure;
- Developed options for Public-Private Partnerships in the site’s development and management
As part of phase 2, CPCS refined the designs carried out under phase 1 and completed the following tasks:
CPCS prepared alternative conceptual designs and scenarios. For each scenario CPCS produced:
- A land use profile
- A financial profile and financial feasibility analysis
- An economic impact assessment
- An environmental impact assessment
CPCS also conducted a legal review to allow the project to move to financing and implementation phases. This included a review of the property titles, definition of the legal structure for the Waterfront Development Entity and review of the legislation related to the ability of the Tanzanian Government to invest in the project.