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Labrish
Nyuuz
Sabasaba set for billion-shilling makeover, investors line up
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[QUOTE="Munyaradzi Mafaro, post: 74340, member: 636"] Tanzania is sorting through proposals from five international crews looking to drop almost a trillion shillings on rebuilding the old Sabasaba trade fairgrounds into a year-round economic destination. TanTrade boss Latifa Khamis said the agency is checking whether investors from China, India, Dubai, and the Netherlands actually have the cash and credibility to handle pieces of the massive overhaul that will bring hotels, conference halls, retail blocks, and modern facilities to the 50-year-old site. The government cannot cover the 948.5 billion shilling price tag alone, and Industry Minister Judith Kapinga wants construction rolling before the next AFCON tournament. Investors get matched to specific projects under public-private partnership rules based on their experience and proposal strength, with final picks hinging on revenue potential and tech capacity. Khamis made it clear that construction starts the second the right bidder gets locked in. [/QUOTE]
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Labrish
Nyuuz
Sabasaba set for billion-shilling makeover, investors line up
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