Tanzania Daily News (Dar es Salaam)

Tanzania: China Gives Sh89 Billion Project Support

CHINA signed assistance deals to Tanzania worth 89bn/-. Some of the support would go to education, water and infrastructure.

Details of the assistance included gratis development fund to Tanzania worth 52bn/-, interest free loan to Tanzania worth 26bn/-, furniture to Nyerere International Convention Centre (NICC) worth 1.3bn/-, equipment to Prevention and Combating of Corruption Bureau (PCCB) worth 400m/-, 45 limousines and 46 buses to the government.

Permanent Secretary (PS) in the Ministry of Finance and Economic Affairs, Dr Servacius Likwelile and Chinese Ambassador to Tanzania, Dr Lu Youqing signed the two framework Agreements and two exchange of Letters.

Speaking at the event, Dr Likwelile said the first framework agreement is on economic and Technical cooperation between the two governments, under which a gratuitous aid amounting to 52bn/- will be provided to support implementation of projects to be agreed on at a later stage.

Under the second framework agreement, the PS said the government of China would make available an interest free loan of 26bn/- to support implementation of projects also to be agreed at a later stage.

He said some of the projects that have been implemented through such aid programmes include the water project in Chalinze, construction of national stadium, agricultural technology demonstrations centre in Morogoro, heart surgery and training centre, Mwalimu Nyerere International Convention Centre and drugs and medical equipment, among others.

The Permanent Secretary at the Ministry of Foreign Affairs and International Cooperation, John Haule, commended the government of China for their assistance to his docket in form of high end transportation facilities.

China Ambassador to Tanzania, Dr Lu Youqing, said that by 2013 - Chinese total investment in Tanzania reached $2.17bn with projects covering wide areas including manufacturing, construction, energy, mining, transportation, service, telecommunication and tourim industries.

He said ongoing projects include modern agricultural industrialisation zone project estimated at $200m in Shinyanga Region under the China Jiangsu Dahng Group and Liganga-Mchuchuma iron and Coal power integrated projects, which is pegged at $3bn/- invested by China Sichuan Hongda Group.

He said projects under discussion include comprehensive development project of Bagamoyo Harbour which is an investment in billions of dollars, Kinyerezi Natural Gas Power Plant three and four, also pegged at $1bn.

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