640bn/- transit hub for Dar es Salaam

Dr Kigoda
The government plans to spend some 40 million US dollars (64bn/-) on compensation of Kurasini residents in Dar es Salaam to pave way for the construction of a transit hub worth 400 million US dollars (640bn/-).

The hub’s construction is expected to be done in two phases and it will upon completion comprise an industrial park for value addition to agricultural produce, trading centres, wholesale markets, warehouses, exhibition and conference centres.

The Minister for Industry, Trade and Marketing, Dr Abdallah Kigoda, told the ‘Daily News’ in Dar es Salaam on Wednesday that the money would be set aside in the 2012/13 financial year. “We are committed to ensuring that the money is available for compensation to pave way for the project.

We are planning to budget for the project in the coming financial year,” he said. Dr Kigoda, who was recently appointed to head the ministry, noted that the project was being implemented in partnership between the government of Tanzania and China.

“We will be in a position to make public the actual time which the project will kick off after we have paid compensation,” he said. The Executive Secretary in the President’s Office - Planning Commission, Dr Phillip Mpango, recently said that the government has already acquired a partner for the project.

“We are still gathering resources to secure the funds needed for compensation to residents in the area after which the hub’s construction will take off,” he said.The project which will also be known as the China-Tanzania Logistic Centre will act as the envisaged business hub for East and Central African countries.

Earlier reports show that the government’s agreement with China is to construct the centre through joint venture, with Yiwu-Africa International Investment Corporation representing the Chinese government and EPZA standing in for Tanzania.
Source: The Daily News, http://dailynews.co.tz, reported Abdulwakil Saiboko
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