Browsing: Yapi Merkezi Turkey Tanzania

  • Over US$71 billion worth of infrastructure projects have been carried out by Turkish enterprises across Africa, of which US$19.5 billion have been carried out in Sub-Saharan Africa
  • Turkey’s trade volumes with Africa reached US$25 billion in 2020, a fivefold rise from US$5 billion in 2003, while trade volumes with the Sub-Saharan region climbed tenfold in the last decade
  • In the past two decades, China has been the largest builder in Africa. In 2018, China alone constructed $470 billion worth of roads, ports, rail lines, airports, gas oil, pipelines, power facilities, office buildings, and other projects
  • The Republic of Turkey has developed partnerships with African countries in the areas of infrastructure, health, trade and investment, rural development, energy, institutional cooperation, agriculture, and small and medium enterprises.

In the past two decades, China has been the largest builder in Africa.

In 2018, China alone constructed US$470 billion worth of roads, ports, rail …

President Samia has doubled down on business and investment in Tanzania
Tanzania has adopted a new tone towards foreign direct investment
Tanzania is striving to become the best tourism hotspot in Africa

As a lower-middle-income country, Tanzania is putting in a considerable amount of work to build itself towards attaining its industrial revolution objective.  

The industrial driven economy mission and energy inspired by the late President John Magufuli has spilt over to the incumbent presidency – under Samia Suluhu Hassan.  

Over the past six years, Tanzania has taken treme...

Already have an account? Log in

Get 50% off this Black Friday

Save on an annual digital subscription and explore your interests

Digital Subscription – Monthly

Be informed with the essential
news and opinion

$5 per month

Digital Subscription – Annually

Be informed with the essential
news and opinion

$40 per year

 

  • 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 …