MEMBERS of the Public Investments Committee (PIC) of the National Assembly have expressed satisfaction with the building of the new commercial complex for the Public Service Social Security Fund (PSSSF) along Sam Nujoma Road in Dar es Salaam.

Billed at 232bn/-, the 35-storey building has been formally completed, on the basis of remarks by Deus Sangu (Kwela), the committee chairman, on a visit at the project site over the weekend.

He said the committee has reviewed the project and is satisfied that its implementation has met all required standards, thus with this huge investment, PSSSF has to ensure that this building is well managed to achieve projected productivity goals.

He reflected on efforts by President Samia Suluhu Hassan to uplift development efforts with 4Rs paradigm, namely reconciliation, resilience, reform and rebuilding, promoting socio-economic prosperity and multiparty democracy.

Dr Pius Chaya (Manyonii East), advised that the Treasury Registrar’s Office to ask public firms renting private places in Dar es Salaam to take up occupancy in the building.

So far a number of private institutions have rented space there while there is plenty of space remaining, where public institutions could also take some initiative, he said.

Abdulrazak Badru, the PSSSF director general, said that the commercial complex is at the moment the tallest building in the East and Southern Africa region, marking the skyline of the city of Dar es Salaam.

The building has three towers; first a commercial complex holding 35 floors, an executive tower with 14 floors and a parking area with six floors.

The executive tower is preferable for offices while the commercial complex a good option for banks, mixed offices, conference halls and other social activities, he said.

The building was attracting more tenants with time and expectations are that by the end of the yearthe occupancy rate will have risen to 70 percent, from 48 percent at present, he said.

Tenants in the building include the United Nations Development Programme (UNDP), as well as TiGo (T), several public institutions, banks and businesses.