Overview
Accommodation in Dar es Salaam and other cosmopolitan areas is in acute shortage due to, among other reasons, the rapid growth of economic projects, which have attracted a huge population of persons (international and local) with the need of residence. Investors may form a synergy with National Housing Corporation (NHC) or Tanzania Building Agency (TBA), or other private firms and provide commercial building solutions for residential and commercial purposes.
Quick Facts
- Population: 60 million at a growth rate of 2.7% pa;
- Government Head Quarter and functions moved from Dar es Salaam to Dodoma the Capital;
- High demand for resident houses, Hotels and offices accommodation in Dodoma;
- Demand of modern housing is increasing across the country.
Available Opportunities
- Development and management of housing estates
- Erection and management of residential apartments
- Development and management of office buildings
- Building and management of conference and banquet facilities
- Creation and management of shopping malls
- Setting up and managing movie theatres and entertainment facilities
- Development and management of hotels
- Establishment and management of mixed use real estate properties
- Provision of home financing, etc.