Tanzania's National Housing is redeveloping aging buildings in Sh535 billion project
Tanzania, Aug. 5 -- Dar es Salaam. The National Housing Corporation (NHC) is redeveloping ageing properties across the country through public-private partnerships (PPPs) worth Sh535 billion, as it seeks to unlock the value of underutilised public assets while creating modern commercial and residential developments.
The programme has expanded to 62 projects nationwide, transforming old buildings in prime urban locations into new business and housing complexes expected to stimulate economic activity, create jobs and improve city landscapes.
NHC Public Affairs and Information manager Mr Yahya Charahani said the corporation's redevelopment strategy had progressed from planning to implementation, with several projects already completed and m...
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