The Capital Development Authority (CDA) has set aside 16bn/- for the implementation of Special Economic Zones’ projects, in a move to attract investors.
The comprehensive project for setting up SEZ’s investment infrastructures, dubbed ‘Njedengwa Investment Project,’ would be completed after three years.
Speaking to journalists on Sunday, Acting CDA Managing Director, Eng Paskasi Muragili, said CDA is now working on essential social-services infrastructures and facilities, describing them as important ingredients for attracting SEZ investments.
“The compound of the project would have standard tarmac roads, with various social services inside,” the director said.
He explained that the project would help to create jobs for youths in the construction works and medium scale industries.
A total of 570 ha of land have been allocated for the implementation of major SEZ projects in the area, according to the director.
“Modern houses would be constructed for wananchi and provided with all necessary social services,” Muragili said.
The money generated from the projects would be used to implement new projects on the construction of low-cost houses for low-income earners.
“Foreign investors would be required to follow investment procedures at the Tanzania Investment Centre (TIC) when they want to invest in the SEZ projects,” he noted.
Already, according to the official, a big chunk of money has been set aside for compensating plot owners, who would be evicted to pave the way for the projects.
“At the moment, CDA is well prepared to improve social services and surveying of plots with the view to improve public services delivery.
In handling these, we will follow proper land registration, ownership and related channels…we want to completely change the outlook of Dodoma,” he observed.