Dar es Salaam. The expansion of the three major ports in the Indian Ocean would cost Sh2.2 trillion President John Magufuli told workers during the May Day celebrations in Mbeaya on May 1.
President Magufuli was explaining how government money was being spent on development projects.
The expansion of the Dar es Salaam port alone would cost Sh1 trillion, while that of Tanga and Mtwara ports would cost Sh1.2 trillion, President Magufuli noted.
"We are trying as much as possible to spend money from domestic revenue in these projects, although we find some of the other projects using money from donors," he noted.
He said on Tuesday, April 30 the African Development Bank (AfDB) approved a loan of Sh400 billion of the construction of the ring road surrounding Dodoma city.
"This road will be a dual carriageway and will be 400 kilometre long. I think it will be the longest dual carriage way in Africa," President Magufuli noted, listing other projects including the Stiegler's Gorge hydropower dam and purchase of aircrafts that the government was funding.
He said the completion of these projects would lessen the cost of living for all Tanzanians, including workers.