Friday, 13 September 2013

Tanzania Infrastructure Report Q4 2013

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Tanzania Infrastructure Report Q4 2013
Sep 11th 2013, 00:00

Price: $ 1295  

BMI View: Tanzania's infrastructure sector continues to perform well, buoyed by impressive investment in new ports, railways and, above all, power infrastructure. Coupled with revised historical data from the national statistics agency and we have revised our forecasts, which now see Tanzania's construction industry achieving 5% growth in 2013. The largest impediments to project growth remain the financing and the extensive regulatory risks and associated costs. The government has, in the 2013/14 financial year, increased spending on infrastructure to TZS2.16trn, compared to TZS1.94trn in the previous fiscal year. This budgetary allocation will go towards a number of key developments, which underpin our upbeat medium-term forecast scenario: ...

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