TBA announces 38 PPP investment opportunities
DAR ES SALAAM: THE Tanzania Buildings Agency (TBA) has invited local and international investors to submit Expressions of Interest (EOIs) for the development of 38 government-owned sites through Public-Private Partnership (PPP) arrangements, as part of efforts to accelerate the implementation of commercial building projects across the country.
In its Expression of Interest (EOI) notice, TBA said the investment opportunities cover sites in 20 regions and include residential, commercial, mixed-use, logistics and transport hubs, as well as hospitality and tourism developments.
According to the agency, it is seeking qualified investors with proven financial and technical capacity, as well as a strong track record in project implementation, to partner with TBA in developing the identified sites.
The initiative follows amendments made in August 2023 to the Establishment Order of TBA, which expanded the agency’s mandate and authorized it to undertake commercial property development projects.
TBA was established under the Government Executive Agencies Act No. 30 of 1997 with the responsibility of managing the development of government buildings, providing professional consultancy services, and overseeing the construction and maintenance of public buildings.
Among the major investment opportunities is a 630-acre site in Nzuguni, Dodoma, earmarked for commercial and residential development.
Other key locations include Masaki, Oysterbay, Magomeni and Pugu in Dar es Salaam, as well as sites in Arusha, Mbeya, Morogoro, Mwanza, Kigoma, Geita, Tabora, Kagera, Songwe, Simiyu and several other regions.
The planned projects include residential housing, apartment buildings, commercial complexes, logistics and transport centres, hotels, and mixed-use developments.
In Dar es Salaam, TBA has announced four investment sites, including plots at Canadian Village, Masaki, Oysterbay, Magomeni Kota and along Pugu Road in Ilala District, which are designated for commercial and residential development.
Other proposed projects include a logistics and transport centre in Kana, Tanga Region, commercial buildings in Songea, residential developments in Kigoma and Tabora, and mixed-use projects in Simiyu, Geita and Shinyanga regions.
TBA said the projects will be implemented under the Public-Private Partnership (PPP) framework, whereby private investors will finance, develop and, where agreed, operate the projects under terms to be negotiated with the Government.
The agency has called on interested investors to submit sealed Expressions of Interest for consideration in the partner selection process.
According to TBA, the programme is expected to increase the value of government-owned land, attract private sector investment into the real estate sector, stimulate urban development and create employment opportunities across the country.
TBA added that detailed application requirements and submission procedures are available in the official Expression of Interest documents issued by the agency.
