The Tanzania Buildings Agency (TBA) has invited local and international investors to submit Expressions of Interest (EOIs) for the development of 38 government-owned sites through Public-Private Partnership (PPP) arrangements, as part of the Government's efforts to accelerate the implementation of commercial real estate projects across the country.

According to the Expression of Interest (EOI) notice issued by TBA, the investment opportunities are located across 20 regions of Tanzania and comprise residential, commercial, mixed-use, logistics and transport facilities, as well as hospitality and tourism developments.

TBA stated that it is seeking qualified investors with proven financial and technical capacity, as well as a strong track record in project implementation, to partner with the Agency in developing the identified sites.

The initiative follows amendments made in August 2023 to the Order establishing TBA, which expanded the Agency's mandate and authorized it to undertake commercial property development activities.

Established under the Executive Agencies Act No. 30 of 1997, TBA is mandated to oversee the development of government buildings, provide professional consultancy services, and manage the construction and maintenance of public infrastructure.

Among the flagship investment opportunities is a 630-acre site in Nzuguni, Dodoma, earmarked for commercial and residential development.

Other strategic investment sites are located in Masaki, Oysterbay, Magomeni, and Pugu in Dar es Salaam, as well as in the regions of Arusha, Mbeya, Morogoro, Mwanza, Kigoma, Geita, Tabora, Kagera, Songwe, Simiyu, and several others.

The proposed developments include residential housing, apartment complexes, commercial buildings, logistics and transport hubs, hotels, and mixed-use developments.

Within Dar es Salaam, TBA has identified four investment sites, including properties at Canadian Village, Masaki, Oysterbay, Magomeni Kota, and along Pugu Road in Ilala Municipality, designated for commercial and residential development.

Additional projects include the development of a logistics and transport centre at Kana in Tanga Region, commercial buildings in Songea, residential projects in Kigoma and Tabora, and mixed-use developments in Simiyu, Geita, and Shinyanga regions.

TBA emphasized that all projects will be implemented through Public-Private Partnership (PPP) arrangements, whereby private investors will finance, develop, and, where agreed, operate the projects under terms and conditions to be mutually agreed upon with the Government.

Interested investors have been invited to submit sealed Expressions of Interest for consideration during the partner selection process.

According to TBA, the initiative is expected to enhance the value of government-owned land, attract private sector investment into the real estate sector, stimulate urban development, and create employment opportunities across the country.

The Agency further noted that detailed eligibility requirements and submission procedures are provided in the official Expression of Interest (EOI) documents issued by TBA.