The government has unveiled a $332 million plan to transform Tanzania’s Sabasaba grounds into a world-class commercial, innovation and cultural hub. The center is popularly known as the Mwalimu Julius Nyerere Trade Fair Grounds. The government’s new plan is to turn the grounds into a modern, mixed-use complex top enhance the business environment. Furthermore, it attracts investment and boosts Tanzania’s global competitiveness. For decades the historic located along the Kilwa Road in Temeke District has served various purposes. One of this is as the country’s international trade exhibitions.
The transformative project will be implemented by the Tanzania Development Authority (TanTrade). This will be done in partnership with the Public-Private Partnership Center (PPPC), operating under the Ministry of Finance. Through this, both local and international investors are invited to participate through a PPP model. TanTrade Director General, Ms Latifa Hamisi noted that the initiative will reposition Sabasaba as a dynamic venue. Once complete, it will be a year-round commercial and cultural destination that meets international standards.
Also read:
Tanzania to Build East Africa’s Largest Mount Kilimanjaro International Conference Centre in Arusha
The Scope of Implementation on the Multi-Million-Dollar Tanzania’s Sabasaba Grounds
Estimated to cost $332 million, Tanzania’s Sabasaba Grounds is expected to be completed before the commencement of the AFCON 2027. The Africa Cup of Nations (AFCON) is expected to be co-hosted by Kenya, Tanzania, and Uganda. The redevelopment plan includes the construction of international exhibition centers and five star hotels. Furthermore, it will include innovation and technology hubs, office towers, residential apartments, entertainment venues and open spaces for artistic and cultural events. Upon completion, the site will operate around the clock, providing space for commerce. Furthermore, it will provide networking, leisure and community engagement.
The new complex will also feature modern infrastructure such as smart lighting and digital security systems. Furthermore, high-speed communication networks and high end accommodation will be inclusive. Ms Hamisi said the process of selecting an investor is ongoing. Key criteria includes revenue-sharing models, technical expertise, financial capacity, and management experience. TanTrade projects the development will stimulate job creation, expand trade opportunities, and increase government revenues.
Also read:
Mwalimu Nyerere Memorial Academy in Tanzania to get new hostel
President Samia Suluhu Hassan opens Tanzania Judiciary headquarters
