The government has signed a 50 million euro (110bn/-) loan
facility with the European Investment Bank (EIB) to upgrade regional airports
to boost tourism and air transport in east Africa's second-biggest economy.
"This project will significantly open up and ease transport to and
from the regions as it will provide access to cost-efficient air transport ...
some of the regions are potential for tourism activities," Ramadham Khijjah,
permanent secretary in Tanzania's finance ministry, told a news conference
yesterday.
Khijjah said the 20-year loan facility would finance the upgrading of
Kigoma, Tabora, Bukoba, Shinyanga and Sumbawanga airports.
Projects include the replacement of runways, and the reconstruction of
taxiways and passenger terminal buildings.
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| Tabora Airport |
Khijjah said the EIB was a key player in Tanzania's infrastructure
development, with the bank having previously loaned the country $134.5 million
for a power project.
Tanzania earned US$1.4 billion from tourism in the year ended October
2011 from $1.2 billion a year ago, helped by a rise in tourist arrivals,
according to central bank statistics.
Source: Reuters,af.reuters.com,reported by Fumbuka Ng'wanakilala in Dar es Salaam.
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