NHC unveils Sh607 billion plan to change urban landscape
Kariakoo in Dar es Salaam is among areas earmarked for implementation of a Sh607 billion plan to develop several urban areas in the country. PHOTO | FILE
Dar es Salaam. National Housing Corporation (NHC) has approved 61 property development projects across the country worth over Sh607 billion in what is set to become one of the largest state-backed real estate investments in Tanzania’s history.
The projects, which are expected to significantly transform urban infrastructure and boost local economies, will be implemented in key regions including Dar es Salaam, Mwanza, Moshi and Tanga—with the bustling Kariakoo business district in Dar es Salaam emerging as the flagship location.
