Browsing: SGR Tanzania

The Entebbe airport stands to transform Uganda’s movement over time as it advances to become an oil economy alongside Tanzania.

South Africa, one of the wealthiest countries, has the largest road network, 750,000kms, while Tanzania, East Africa’s competitive economy, has more than 86,000km of roads.

In the current economic scenario, where uncertainty brought by economic shocks from the pandemic and political tensions force nations to expand their horizon of influence, the past years have shown why African infrastructures must be robust and conducive to enhancing value creation.

Whoever moves fast and swiftly dominates the economic conversation. South Africa, Kenya, Namibia and Nigeria are among the top African nations with more robust economies.…

• China is one of Tanzania’s biggest trade partner
• Tanzania’s industrial economy has been growing over the past decade
• Tanzania has nabbed US$3 billion investment from China company

Investment in Tanzania is changing the labour market and industries in Tanzania for the better.

The government of Tanzania is doubling down on expanding its industrial complex as the new industrial scheme stands to draw around 100,000 direct jobs and 300,000 by 2025 and change Tanzania economy for good.

Tanzania’s industrial economy is slated to expand twelve-fold in the next three years, adding more support to the minor industrial landscape currently operating nationwide, while expanding the list of reasons to invest in Tanzania.

Industries in Tanzania have become a critical component of economic transformation.  Tanzania has more than 62,000 small industries which add value to raw materials extracted internally.

READ: Tanzania bagging billions in natural gas investments

According to the Ministry of Investment, …

• Tanzania has one of the largest international airports in East Africa
• Tanzania Standard Gauge Railway is slated to commence operation by the end of April 
• Tanzania is a gateway serving competitive landlocked neighbouring countries.

Tanzania’s economy is moving at a steady pace. According to the Bank of Tanzania, the inflation rate is at 3.6 per cent, and the nation’s GDP stands at 5.2 per cent (3^rd Quarter 2021).

The United Nations argues that the African Continental Free Trade Area (AfCFTA) is expected to increase intra-African trade in transport services by nearly 50 per cent.

In 2015, the African Development Bank (AfDB) approved $346.38 million to improve 500 km of roads across the country over the next five years.

On the other hand, in 2014 World Bank, another development funder to Tanzania, furnished the nation with $300 million to improve rail and transport infrastructure, which ultimately boosted intra-region trade with …

In the most recent development, an additional 282km of the railway are being constructed to connect Tanzania and Burundi giving the latter access to East Africa biggest and busiest port.

The construction is an extension of the already laid down Standard Gauge Railway (SGR) in Tanzania. The two governments have signed an agreement that paves way for new rail to be laid at a sum of US$900 million.

What does this extension mean for Burundi and how will it benefit Tanzania?

Apart from the obvious economic benefits, let’s first consider the small towns through which the railway snakes. From Tanzania’s little town of Uvinza in the Kigoma region to the bustling capital city of Gitega in Burundi, the railway is expected to spark life, rejuvenate slowed businesses and build new people relations.…

• Construction of a 368 KM stretch of standard gauge railway, estimated to cost $1.9 billion signed between Tanzania and Turkish business Yapi Merkezi.
• Tanzania to allow more Turkish investors to invest in Tanzania aimed at developing national infrastructure. 
• Tanzania SGR Construction will seek to expand trade relations with Uganda, Rwanda and the Democratic Republic of Congo

To connect Tanzania to Rwanda and Uganda, as well as Burundi and the Democratic Republic of Congo through these two countries, the Tanzania Standard Gauge Railway (SGR) is currently being built. The new Tanzania SGR is designed to replace the outdated, inefficient meter-gauge railway system and relieve traffic congestion. Freight expenses are also predicted to drop 40%. Up to 10,000 metric tonnes, or 500 tractor-trailer loads, are planned to be hauled by each freight train.

One of three parts of Tanzania’s 1,219-mile Yapi Merkezi rail line, which is expected to be completed by the …