construction-sector-in-tanzania-industry
Published

December 2016

Construction sector in Tanzania: Analysis of Commercial, Industrial, Infrastructure, Institutional and Residential construction along with trends (2016 - 2021)

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TANZANIA has in recent years seen unprecedented growth in construction sector, with mushrooming new houses, multi-storey buildings, roads and bridges, the trend that has contributed to surging demand for the building materials.   Increased government funding on infrastructure development in almost every financial year has acted as an incentive for continued inflows of investments in the construction industry. The government has in the 2013/14 financial year increased spending on infrastructure to 2.16trn/- compared to 1.94trn/- in the previous fiscal year. Activities in the construction sector have grown at an annual rate of 8 per cent over the past five years.   For the Tanzanian economy to grow, it needs well developed transport infrastructure like roads, bridges, railways as well as efficient telecommunication network.

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