 |
| 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
0 comments :
Post a Comment