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FEBRUARY, 2015 | ISSUE No. 5 ISSN - 1821 - 987X

VISION FURNITURE

PLOTS FOR SALE CHEKENI MWASONGA - KIGAMBONI

Properties | Investments | Lifestyle | Business | News

RWANDA:

AFRICAN CONSTRUCTION TRENDS A systematic review.

“Weapons of Mass Construction”

NSSF TO BUILD A STATE OF THE ART SPORTS ACADEMY IN DAR ES SALAAM.

LAKE CEMENT

The newest entrant in Tanzania’s cement sector.

GREAT NEWS

P.I.L & AMANA BANK To facilitate loans for plots purchase.

DEGE ECO VILLAGE Stylish Apartments & Luxurious Villas.

Dr. Ramadhan Dau

NSSF

NSSF Director General

ADVANTAGES OF HOLLOW CONCRETE BLOCKS.

SHAPING THE CONSTRUCTION INDUSTRY IN TANZANIA.

Unusual Homes Designs Properties

|

Investments

|

Lifestyle

|

Business

|

News


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Issue no. 5, February 2015

THE CREW BEHIND

Magazine Manager Zohra Moore Sales George Colyvas Hayat Abdul Aziz Design & Layout Joseph Steven Magazine Circulation Gharib Khamis Editorial Mohamed Shaaban

Bonjour !! I am back again, February is here, so how is the New Year so far? Good? Comme ci comme ca? I guess its too early to tell, lets not be too harsh on ourselves – give more time, and “everything is gonna be alright” (as the late Bob Marley said)

Published & Distributed by Property International Limited, P. O. Box 45548 8th Floor Mariam Tower, Songea Rd, Shaurimoyo Road, Dar Es Salaam, Tanzania. www.propertyinternationalltd.com Copyright © 2015 © All rights reserved

So whats up and whats new?

Well, we have got a couple of new stuff for you. • NEW - Property International Magazine is now available in Tanga, Arusha, Zanzibar, Mwanza, Mbeya and Off course, Dar es Salaam. It is also, onboard all Air Tanzania Flights. If you would like to get your free copy every month, please give us a shout and we will do the needful. •

• • •

NEW - NSSF has just signed a 16billion deal with Real Madrid, and together, they are constructing a “State of the Art” Sports Academy in Dar es Salaam (see page 40) NEW - Property International Ltd start selling plots from their new projects from the 2nd week of February. NEW - Amana Bank Ltd offering ‘interest free’ loans for purchasing plots from 2nd week of February. NEW Minister of Housing and Human Settlement !!

One Marke t for all

COMING SOON!

FOR PROFESSIONAL SURVEY & MASTER PLAN SERVICES

Alright then, I don’t want to bore you with too much stories, see for yourself and enjoy the magazine. Bye for now or as they say in French “Au revoir mes amis”

Zohra Moore

Land Surveying & Planning Property Management Town Master Planning Property Development

PROPERTY INTERNATIONAL LTD

Tel: +255 783 843 733 Email: Zohra@propertyinternationalltd.com

4

Property International Magazine

DREAM TO REALITY

Tel: +255 222 860 974/5 sales@propertyinternationalltd.com



Issue no. 5, February 2015

CONTENTS FEBRUARY 2015

READ NOW! our previous Issues Online on

PLOTS 8 RESIDENTIAL FOR SALE

ISSUE No. 5 | ISSN - 1821 - 987X

18

ADVANTAGES OF HOLLOW CONCRETE BLOCKS.

20

INDUSTRIAL/COMMERCIAL PLOTS FOR SALE

issuu.com/propertyinternationalmagazine

10 Mr. Pathak.

Vice President and head of Sales and Marketing,

LAKE CEMENT IS THE NEWEST ENTRANT IN TANZANIA’S CEMENT SECTOR.

12

AVAILABLE PLOTS FOR SALE

Plots for sale, Vikuruti Hills in Kibaha - the Price start from 2MIL

14 NEWS BRIEF

24

RWANDA: “WEAPONS OF MASS CONSTRUCTION”: KIGALI’S CHINESE INVESTMENT

28

PSPF’s AFFORDABLE HOUSES FOR SALE

30

PLOTS FOR SALE CHEKENI MWASONGA - KIGAMBONI

Morogoro, Iringa & Tabora

GREAT

NEWS FOR OUR CUSTOMERS To facilitate loans for plots purchase

6

16

Property International Magazine


Issue no. 5, February 2015

40

Cover Story

NSSF

22

NSSF TO BUILD STATE OF THE ART SPORTS ACADEMY IN DAR ES SALAAM.

SHAPING THE CONSTRUCTION INDUSTRY IN TANZANIA. Dr. Ramadhan Dau NSSF Director General

Unusual Homes Designs

43

CO-OPERATE EVENTS AFRICAN CONSTRUCTION TRENDS

34 HEALTH BENEFIT OF HONEY

36

44 POTS DESIGNS

38

Property International Magazine

7


Properties

Issue no. 5, February 2015

RESIDENTIAL PLOT 351 352 353 354 355 PLOT No. 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386

Kigamboni - Kimbiji Plot for sale Kigamboni-­‐ Kimbiji, Kijaka - Kijaka

PLOT No.

8

SQM

PRICE/SQM

309 6719 10,000 310 640 10,000 311 706 10,000 312 926 10,000 313 973 10,000 314 1097 10,000 315 1313 10,000 316 1459 10,000 317 2248 10,000 318 1129 10,000 319 1247 10,000 320 641 10,000 321 618 10,000 322 423 10,000 323 614 10,000 324 604 10,000 325 610 10,000 326 609 10,000 327 607 10,000 328 610 10,000 329 603 10,000 330 612 10,000 331 600 10,000 332 614 10,000 333 596 10,000 334 616 10,000 335 597 10,000 336 597 10,000 337 585 10,000 338 641 10,000 339 554 10,000 340 591 10,000 341 551 10,000 342 583 10,000 343 519 10,000 344 563 10,000 345 459 10,000 346 502 10,000 347 547 10,000 348 597 10,000 349 566 10,000 350 830 10,000 351 588 10,000 352 701 10,000 353 1962 10,000 354 1003 10,000 355 796 10,000 356 710 10,000 357 1075 10,000 Property International Magazine 358 1069 10,000 359 938 10,000

TOTAL

588 701 1962 1003 796 SQM 710 1075 1069 938 965 931 972 924 979 917 886 909 994 902 1001 895 1153 1070 1238 531 1061 1104 943 1004 931 1015 324 840 1109 1448 1378

10,000 10,000 10,000 10,000 10,000 PRICE/SQM 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

5,880,000 7,010,000 19,620,000 10,030,000 7,960,000 TOTAL 7,100,000 10,750,000 10,690,000 9,380,000 9,650,000 9,310,000 9,720,000 9,240,000 9,790,000 9,170,000 8,860,000 9,090,000 9,940,000 9,020,000 10,010,000 8,950,000 11,530,000 10,700,000 12,380,000 5,310,000 10,610,000 11,040,000 9,430,000 10,040,000 9,310,000 10,150,000 3,240,000 8,400,000 11,090,000 14,480,000 13,780,000

67,190,000 6,400,000 7,060,000 9,260,000 9,730,000 10,970,000 13,130,000 14,590,000 22,480,000 11,290,000 12,470,000 6,410,000 6,180,000 4,230,000 6,140,000 6,040,000 6,100,000 6,090,000 6,070,000 6,100,000 6,030,000 6,120,000 6,000,000 6,140,000 5,960,000 6,160,000 5,970,000 5,970,000 5,850,000 6,410,000 5,540,000 5,910,000 LOCATION 5,510,000 LOCATION : Kigamboni (Kimbiji, Kijaka), Dar es Salaam Kigamboni (Kimbiji, Kijaka), Dar es Salaam 5,830,000 SIZE : 78 Plots ranging from 320 - 1400 square meters SIZE : 78 Plots ranging from 320 - 1400 square meters 5,190,000 PRICE : 10,000 Tsh per square meter. 5,630,000 PRICE : 10,000 Tsh per square meter. 4,590,000 Additional Details: Surveyed 5,020,000 Additional Details: Surveyed : 37km from the ferry 5,470,000 • 32km from the ferry and 3Kms from the main road 5,970,000 • Great neighbourhood 5,660,000 8,300,000 • Electricity polls available near to project (500M) 5,880,000 7,010,000 19,620,000 10,030,000 7,960,000 7,100,000 10,750,000 10,690,000 9,380,000


for sale, Kigamboni, Amani Gomvi III TOTAL PLOT No. Plot SQM PRICE/SQM 48 391 10,000 3,910,000 49 381 10,000 3,810,000 50 473 10,000 4,730,000 51 454 10,000 4,540,000 52 515 10,000 5,150,000

TS FOR SALE Plot for sale, Kigamboni, Amani Gomvu

53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 LOCATION

484 556 515 639 582 674 604 380 430 390 443 387 444 384 445 381 446 453 537 374 349 423 415 476 480 464 457 589 508 573 468 498

10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000 10,000

Properties Issue no. 5, February 2015

PROPERTY INTERNATIONAL LTD DREAM TO REALITY

Plot for sale, Ilala, (Mbondole)Msongola

4,840,000 No. SQMPlot for sale , Ilala, Mbondole TOTAL 5,560,000 PLT PRICE/SQM 5,150,000 46 1397 12,000 16,764,000 6,390,000 47 1212 12,000 14,544,000 5,820,000 48 1474 12,000 17,688,000 6,740,000 49 1380 12,000 16,560,000 6,040,000 50 1466 12,000 17,592,000 3,800,000 51 1491 12,000 17,892,000 4,300,000 52 1557 12,000 18,684,000 3,900,000 53 1529 12,000 18,348,000 4,430,000 54 1547 12,000 18,564,000 3,870,000 55 1595 12,000 19,140,000 4,440,000 56 979 12,000 11,748,000 3,840,000 57 1417 12,000 17,004,000 4,450,000 58 1353 12,000 16,236,000 3,810,000 59 1402 12,000 16,824,000 4,460,000 60 906 12,000 10,872,000 4,530,000 61 1275 12,000 15,300,000 5,370,000 62 2335 12,000 28,020,000 3,740,000 63 1934 12,000 23,208,000 3,490,000 64 1699 12,000 20,388,000 4,230,000 65 1434 12,000 17,208,000 4,150,000 4,760,000 LOCATION Ilala (Mbondole), Dar es Salaam LOCATION : Ilala (Mbondole), Dar es Salaam 4,800,000 SIZE: 20 Plots ranging from906 906 – – 2335 meters SIZE : 20 Plots ranging from 2335square square meters 4,640,000 PRICE: 12,000 Tsh per squaremeter. meter. PRICE : 12,000 Tsh per square 4,570,000 5,890,000 Additional Details: surveyed Additional Details: 5,080,000 5,730,000 • Surveyed: 25 km from the new bridge and 37km from : Road access to every plot 4,680,000 • 15km from the Mbagala, 20km from Airport and 12Km : Great neighborhood 4,980,000 from kitunda

LOCATION: (Amani III), Dar es Salaam KigamboniKigamboni (Amani Gomvu III), DarGomvu es Salaam SIZE : 37 Plots ranging from 300- 600 square meters SIZE : 37 Plots ranging from 300- 600 square meters PRICE : 10,000 Tsh per square meter. PRICE : 10,000 Tsh. per square meter.

Additional Details: surveyed Additional Details: •

Surveyed

35 km from the ferry and 8Kms from Dege Eco Village

: Water and electricity available : Title Deed Available

CALL FOR MORE INFORMATION

Tel: 0783 843 733, 0688 888 898 0755 323 909 Email: sales@propertyinternationalltd.com Property International Magazine

9


Issue no. 5, February 2015

Interview

LAKE CEMENT Q&A

Lake Cement is the newest entrant in Tanzania’s cement sector. We leverage best-in-class technologies and extensive manufacturing experience to produce high quality cement - consistently and continuously. Our commitment to sustainable development is unflinching and all our decisions and policies 
take into consideration, economic, environmental and social impacts. We cater to the needs of the Tanzanian and neighbouring countries market through our superior cement brand - Nyati.

Mr. Pathak.

Vice President and head of Sales and Marketing,

THE PLANT

The integrated cement manufacturing unit, spread in an area of over 100 hectares,
 Is the most modern, fully automated
and energy-efficient plant of its kind in East Africa. The Plant, with a capacity of 500,000 Tons per annum, is located at Kimbiji village in Temeke District; just 45 km south of Dar Es Salaam’s central business district.

This month, we had an opportunity to meet up with Lake Cement’s Vice President and head of Sales and Marketing, Mr. IPN Pathak. The following were his responses... Q1. How long has Nyati cement been in the market?
 A. Lake Cement Ltd, launched 42.5

Grade “Nyati Cement” in July 2014. It has been selling cement in the market for the past 6 months now.

Q 2. How is the response from the market? A. The response in the market has been

phenomenal; within a short period of 6 months our customers have accepted

10

Property International Magazine

Nyati as a true modern Tanzanian cement product. Right from the day of launch Nyati cement has generated a strong and constant demand in the market. This is due to its early higher strength gain properties and consistent quality.

Q 3. Is your cement available in other regions of Tanzania or only in Dar ? What regions? A.“Nyati Cement” has been a phenomenal success throughout Tanzania, may it be Coastal, Southern Highland, Lake and Killimanjaro Regions. We are now getting a strong demand from neighbouring counties to export” Nyati Cement”.

Q 4. Is Nyati different from other Cement Brands? How? A.“Nyati Cement” is produced with

Tanzania’s finest quality limestone available in our factory premises at Kimbiji. To ensure consistent quality, we have our own 10MW power-plant which ensures our factory runs 24x7 without stoppages. Our cement is designed to be of superior quality with high strength and optimum fineness. Our customers appreciation of high class product and world class services has made Nyati cement a phenomenal success.

Q 5. How are your prices compared to your competitors? A. Our products are competitively priced

and give the best techno-commercial advantage to our customers.

Q 6. Where do you see Nyati in 5 years time? A. At present, our installed capacity is

500,000 MT per annum. With the current demand for “Nyati Cement” in Tanzania and the growing demand for exports, we intend to hasten our plans for expanding the capacity to 750,000 MT per annum. We are serious local manufacturer and shall to play a vital role in country’s economic and infrastructural growth in the coming years.



Properties PLOTS FOR SALE - LUXURIOUS

Issue no. 5, February 2015

PROPERTY INTERNATIONAL LTD

AND BEAUTIFULLY DESIGNED ESTATE

DREAM TO REALITY

VIKURUTI HILLS-KIBAHA Asking price start from

Ths. 2MIL 15

OS

CEMETARY

PB NS

15

HOUSING ESTATE

10 RELIGIOUS SITE 20 HOTEL SITE

20

OS 15 15

0

OS

15

PB

NS

30

OS

20

15

15 20 OS

15

10 RELIGIOUS SITE

20

OS

OS

PETTY TRADING

20

COMMUNITY HALL

MARKET

PARKING PB PB

15 SHOPPING MALL

DISPENSARY

NS

OS

15

RELIGIOUS SITE

OS

HOUSING ESTATE

15 15 20

20

20 20 OS

10 15 OS HOTEL SITE

CHILDREN PLAY ROUND HOUSING ESTATE CEMETERY

PB

NS

PROPOSED SECONDARY SCHOOL 15

Housing Estate

Religious site

Hotel

Residential

Open space

Market

Vikuruti Residence is a luxurious and beautifully designed estate located in a serene part of Mlandizi. The estate is surrounded by lush green landscapes and benefits from a cool breeze from River Ruvu. The project consists of 1878 plots - Housing estates, Hotel site, Education center, Hospital, Shopping Complex, Community Hall, and Religious Site. Electricity and water are available.

Exact location:

500M to the main road, 6.5kms from Morogoro Rd, 30kms from Bagamoyo Town Tel: 0783 843 733, 0688 888 898, 0755 323 909 Email: sales@propertyinternationalltd.com 12 

Property International Magazine


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Tropicana Building-Swahili Street, Tel.: +255 27 254 6190 / +255 73 297 8558 Airport: +255 73 297 8559 Email: sales.tz@rwandair.com


NEWSBRI Issue no. 5, February 2015

PSPF COMMERCIAL TOWERS TO ENTER AFRICA’S TOP TEN LIST

THE 35 floors PSPF Commercial Towers in Dar es Salaam will join the list of Africa’s top ten tallest buildings when it opens to the public this year. In a statement, online property portal company, Lamudi Tanzania said the PSPF Commercial Towers are positioned on number eight on the list which is dominated by South Africa.“But while South Africa has traditionally been the home of skyscrapers in Africa, there are signs this is changing, as other countries embrace high –rise life. Two towers in Tanzania now feature on the continent’s top 10 tallest buildings list: the PSPF Towers A and B, unveiled last year in the capital Dar es Salaam,” the statement stated.

ARUSHA TO GET 2 NEW TOWNS: NHC

The national housing corporation (NHC) plans to construct two satellite towns on the outskirts of Arusha, the Regional consultative Committee (RCC) meeting was told here on Wednesday. The NHC regional manager for Arusha, Mr James Kisarika, named the sites as Usa River satellite city to be put up on the southern fringes of the city and safari satellite city to be built at Mateves. Mr. Kisarika said the ambitious projects were in line with the vision of the oldest state – owned real estate corporation to address market needs for world class settlements “Arusha does not benefit much from tourism, as much of the receipts accrued from the hospitality industry go to hotels in Karatu Township and national parks,” he observed. Mr. Kisarika said while the Usa River Satellite city targeted the tourism industry, the safari one was meant for de – congesting the Arusha Central Business District (CBD).

14

Property International Magazine

3.DANGOTE CEMENT PLANT TO OFFER 10,000 JOBS

OVER 10,000 people are expected to be employed directly and indirectly at the Dangote Cement Factory at Msijute area in Mtwara Region, which is slated to commerce production in August The factory, which is owned by Africa’s richest person, Alhaj Aliko Dangote, has as well announced plans to improve social amenities in Mtwara region by constructing a state-of-the art hospital, a modern marketplace, a school and a police station. Dangote Tanzania’s country representative, Ms Esther Baruti-Kroll, made the remarks during a meeting with board members of the Tanzania petroleum Development Corporation (TPDC), boasting that the cement plant will be the largest in the East African region. “When the plant starts production, it will provide 1,000 direct and 9,000 indirect jobs to the local people. We are highly optimistic that the cement plant will play a crucial role in boosting the local economy and curb unemployment

NJOMBE URGED TO INVEST IN HOTEL BUSINESS TO CATER TO COAL, IRON ORE MINE INVESTORS

With the discovery of coal and iron ore mines in Njombe, the business community in the southern highland region has been urged to invest in hotel and accommodation services to cater to investors arriving in the region for mining purposes. Iron and coal mining is expected to attract investors from different countries, hence if the residents fully explore the business opportunities they can benefit a great deal from the investors. This call was made by Njombe regional commissioner, Dr Rehema Nchimbi last month at a ceremony to end the year 2014 and welcome 2015.

SHEIN: MODERN MARKETS WILL CREATE JOBS, BOOST ECONOMY Zanzibar president. Dr Ali Mohamed Shein has said government plans to build modern markets will significantly help to create employment opportunities as well as boosting the economy of the isles. Dr Shein said the government was building markets in a bid to improve the fishing sector whose contribution to the national income was significant. He urged Zanzibar to appropriately use the markets for their betterment and the nation as a whole. President Shein made the call when he opened a modern market at Tumbe in Micheweni District. North Pemba Region. The facility was inaugurated as part of activities to celebrate 51 years of the Zanzibar Revolution. He further stated that the market would benefit many fishermen of Tumbe and its surrounding suburbs, saying the project was among various goals of the 1964 Zanzibar Revolution.

TANZANIA TOURISM UP AS GOLD INCOME FALLS

Gold, which was once Tanzania’s largest foreign exchange earner, sustained a fall in the value of income from its exports as the mineral faces trouble in the world market. The value of gold exports reached above $2.08 billion in the year ending October 2012, but the shipment decelerated to $1.75 billion in 2013 and stood at $1.35 billion in the year to October 2014, according to Bank of Tanzania (BoT) The figure puts the mineral in the second largest foreign exchange recipient after travel (tourism) which has been increasing in the last few years. Travel recorded $1.96 billion in the year to October 2014 up from $1.79 billion in the same period in 2013 and $1.62 billion in 2012, BoT’s November Monthly Economic Review shows.


IEF

Issue no. 5, February 2015

MOSHI TOWN FAST LOSING ITS CLEANLINESS STATUS

HAVING been voted the cleanest municipality in the country for several years, Moshi municipality in Kilimanjaro Region is losing its shine with heaps of dirt in different locations, especially at the Moshi main bus stand and markets. The state of cleanliness is so bad that Moshi Municipality might soon experience an eruption of epidemic disease due to heaps of dirt at Manyema Market in Bondeni ward and the regional bus stand. Speaking to this paper at different times, some Moshi Municipal residents said despite there being garbage collection trucks the situation was still deplorable, especially at the Manyema Market.

KIGAMBONI BRIDGE READY BY JUNE 2015

The 214bn/- Kigamboni Bridge project that connects the Dar Es Salaam central business district to Kigamboni ward across Kurasini creek will be completed in June, this year the ministry of works has reassured. The assurance comes amid mounting public concern over the timely completion of the project, which among other things, will greatly help curb traffic jam in the city. The permanent secretary (PC) in the Ministry of works, Eng. Musa Iyombe, said that the construction of Kigamboni Bridge will be completed in June this year. “The work will end in June, 2015” he pointed out. Eng. Iyombe also assured Dar Es Salaam residents and the general public that the work on the project was going on well.

TANZANIA, JORDAN TO SIGN FREE TRADE PACT NEXT MONTH, SAYS TCCIA OFFICIAL THE government will this month sign free trade agreement with the Middle East Kingdom of Jordan that would enable

Dr. Idris Rashid shaking hands and Abdul Haleem Zahran after signing the MOV smooth movement of goods and services from both countries. The vice Chairman of Tanzania Chamber of Commerce Industry and Agriculture (TCCIA), Dar es Salaam Region, Vicent Minja Said the signing is a result of the recent visit made by the chamber in Jordan. During the visit which was held from December 6 to 10 last year the Jordan Business delegation agreed to come to Tanzania in February this year to discuss areas of cooperation between two countries, he said.

LAMUDI PREDICTS 10 PC REAL ESTATE GROWTH

REAL estate sector expected to grow at 10 percent, this year as local buyers and sellers resort to online platforms to conclude their deals. Online property platform, Lamudi Tanzania Country Manager, Mr Godlove Nyagawa, said local awareness is increasing rapidly. This development will contribute significantly to economic growth,” said Mr Nyagawa while commenting on 2015 property market trend. Mr. Nyagawa said most countries in the world will relax regulations pertaining to land ownership in foreign countries with an increase interest rates on housing prices globally while mobile phones will play a big role in online property transactions “Emerging markets like

Tanzania will continue to experience rapid growth in the real estate market.” He noted. He pointed out that restrictive property legislation will be relaxed by many countries citing Philippines which is amending its constitution this year.

TANZANIA, RWANDA LAUNCH RUSUMO IMMIGRATION POST

A project worth USD 31.9 million was commissioned at the Rwanda – Tanzania border at Rusumo over the weekend and is expected to ease customs and immigration clearance procedures for goods and people of the two East African community (EAC) partner states. The project that comprises a one- stop border post (OSBP) and new bridge was funded by the Japanese government through Japan International Cooperation Agency (JICA). Rwanda’s ministry of infrastructure through Rwanda Transport development Agency (RTDA) and the Tanzania National Roads Agency inaugurated the facilities The bridge has 80m length and 13.5m width, while the OSBP facility comprises of the administration building, verification storage, control shed for vehicle control.

Property International Magazine

15


Issue no. 5, February 2015

Signing Ceremony

16

Dr. Idris Rashid Shaking hands with Abdul Haleem Zahran after signing the MOU

P.I.L CEO Abdul Haleem Zahran with Amana Bank’s MD Dr. Idris Rashid.

From left Ayoub Korogoto, Sudi Marungu, Zohra Moore & Dassu

From right; Mohamed Shaaban, Masoud Khalfan, Abdul Haleem Zahran, Dr. Idris Rashid, Hashim Thabit & Zohra Moore.

Amana Bank’s Lawyer, Ayoub Karogoto with Sudi Marungu (Head of business)

Dr. Idris Rashid explaining a point to P.I.L’s CEO Abdul Haleem Zahran

Group photo of Amana Bank and P.I.L team

P.I.L and Amana Bank official at signing ceremony

Property International Magazine


Issue no. 5, February 2015

Signing Ceremony

GREAT NEWS P.I.L AND AMANA BANK TO FACILITATE LOANS FOR PLOT PURCHASE

Property International Limited and Amana Bank, the First Islamic Bank in Tanzania signed a memorandum of understanding (MOU) to provide Islamic financing to customers willing to buy residential plots in surveyed and developed land. The Chief Executive Officer of Property International Limited Mr. Abdul Haleem Zahran and the Managing Director of Amana Bank Dr. Idris Rashidi signed the MOU at the bank’s head office in Dar-Es-Salaam on the 8th of January 2015. Speaking during the MOU signing ceremony; Dr. Idris Rashidi said, “Amana Bank is delighted to extend yet another Attractive option under Islamic financing to the public and its customers looking to buy land for building their homes. The real estate sector is a major component of the national economy and Amana Bank is committed to assist in supporting ordinary people to achieve this first and important step in their long term goal of owning a home. This is a small start but like everything else, it’s good to start small and develop gradually. We believe this is a start of something good and therefore hope for it to help many and thereby contributing to revitalisation of the real estate sector and enhancing our role in the national economy.” Mr. Abdul Haleem Zahran said: “Property International Limited is happy to join hands with Amana Bank in extending this attractive option for customers who want to buy land but don’t have enough cash to support their purchase. The co-operation between the two institutions will benefit citizens across Tanzania and help fulfil their dream by starting with owning a residential plot of which they can build a home. We at Property International are dedicated

to provide cheaper and better methods to build homes for the common man. Therefore making building and owning a home a reality for every Tanzanian” The starting price for the plots is 2m; the customer will be required to pay 20% of the total cost while the remaining balance will be put on deferred payments of up to 18 months. Amana Bank will enter into a Murabaha agreement with the potential customer / land buyer. In this agreement, we help customers purchase the land of their choice. After they have chosen the land from the various housing estate developments under Property International Limited. As per this Murabaha agreement, the customer promises to buy the property from Amana Bank on a deferred payment basis. Amana Bank then buys the property directly from the seller and sell the same to its clients on fixed amount.

Housing Estate plots that have already started selling are those located in; Vikuruti Hills – Kibaha Chekeni Village – Kigamboni Amani Residence – Kigamboni This is exciting news to our customers, kindly share it with enthusiasm.

Property International Magazine

17


Issue no. 5, February 2015

Technology

ADVANTAGES OF HOLLOW CONCRETE BLOCKS.

Highly Durable: The good concrete compacted by high

pressure and vibration gives substantial •

Strength to the block. Proper curing increase compressive

construction. •

strength of the blocks. •

Low Maintenance, Color and brilliance of masonry Load Bearing, strength can be specified as per the requirement.

Fire Resistant

Provide thermal and sound insulation: The air in hollow of

It is also found to be a cost-effective disaster resistant construction system.

Architectural and Other Advantages

This construction system provides better acoustic and thermal insulation for the building.

the block, does not allow outside heat or

This system is durable and maintenance free.

Cold in the house. So it keeps house cool in summer and

Reduction in Dead Load

warm in winter.

Reduced Air Conducting Load: - Approx.50% saving.

Economical

No salt peter or leaching: - Reduction in maintenance.

Environment Friendly, fly ash used as one of the raw

Increased carpet area: - Due to smaller in size.

materials.

Faster construction: - Easy to work with bigger in size.

Low insurance rates

Assured Quality: - Fully automatic block plant.

Better sound absorption: - Being hollow in nature.

Reduced thickness of plaster: - Due to size accuracy & less

Structural Advantages

In this construction system, structurally, each wall and slab •

Load bearing walls: - Due to higher strength of blocks.

reducing the vulnerability of disastrous damage to the

Recommended for earth quake resistance.

structure/building, during the natural hazards.

Less water absorption:- Approx. 3 to 4%

Due to the uniform distribution of reinforcement in both

Environmental Eco-Friendly

vertical and horizontal directions, through each masonry

Reduce in total cost of project: - Being less dead load of

of elements could be achieved. Hence, this construction system can safely resist lateral or cyclic loading, when compared to other conventional masonry construction systems. This construction system has also been proved to offer better resistance under dynamic loading, when compared to other conventional systems of construction.

Constructional Advantages

cement consumption due to fewer joints.

behaves as a shear wall and a diaphragm respectively,

element, increased tensile resistance and ductile behaviour

No additional form-work or any special construction machinery is required for reinforcing the hollow block masonry.

18

It is a faster and easier construction system, when compared to the other conventional construction systems.

withstands outdoor elements. •

Only semi-skilled labour is required for this type of

Property International Magazine

walls.


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Properties

Issue no. 5, February 2015

INDUSTRIAL/COM FOR SALE

LOCATION: MARUMBI

Size: 3 Acres (11,414 Sqm) Price: 550,000 US$ Remarks: Residential plot for sale with availability of electricity and water nearby.

20 

LOCATION: MOROGORO, LUHANGA VILLAGE

Size: 100 Acres Asking Price: 5000Tsh per Square Meter Remarks: Surveyed with letter of Offers

LOCATION: KIJAKA, KIGAMBONI

LOCATION: MAPINGA BAGAMOYO

Size: 34.822 Acres Price: Call for Asking price Remarks: Surveyed with Title deed

Size: 120 Acres Price : 2.5 Mil US$ Features: Large and beautiful plot near the beach with a title deed.

Property International Magazine


Properties Issue no. 5, February 2015

MMERCIAL PLOTS LOCATION: KISONGO, BABATI ROAD

LOCATION: KIBAHA

Size: 126 Acres Price: 2mil per Acres Feature: 5km from Kisongo tarmac road and 12km from Town. Title deed is available. Availability of water and electricity.

Location: Misugusugu, Kibaha District Size: 360 Ha

LOCATION: BURKA ESTATE – ARUSHA

Size: 110 Acres Price: Tsh. 4,400,000,000 Remarks: Availability of Electricity and Water. Title deed available

CALL FOR MORE INFORMATION Tel: 0783 843 733, 0688 888 898 0755 323 909 Email: sales@propertyinternationalltd.com Property International Magazine

21


Issue no. 5, February 2015

Cover Story

NSSF Dr. Ramadhan Dau NSSF Director General PROJECT

KILIMANJARO COMMERCIAL COMPLEX MAFAO HOUSE ILALA

RITA TOWER ILALA

KIGAMBONI BRIDGE

APOLLO CLINIC

22

MOROGORO COMMERCIAL COMPLEX MZIZIMA TOWERS

SHAPING THE CONSTRUCTION INDUSTRY IN TANZANIA.

In talking about the changing faces of real estate Industry in Tanzania,it is hardly possible to ignore the extensive and enormous contributions that NSSF has done and is still continuing to do for the industry. Recently we have seen newly built shopping malls,office buildings and beautifully designed and planned residential complexes- NSSF is leading the way in reshaping and providing modern planned living areas. Recently, we were privileged to meet the ‘man himself’ who is behind all the magic and the good work, Dr. R.K. Dau, and here are some excerpts of our conversation.....

BRIEF DESCRIPTION OF THE PROJECT Multipurpose building with commercial facilities from ground floor to fourth floor including conference hall for 345 people, shopping mall, shops and banking halls. from fifth floor to ninth floor we have rentable office space in one wing and hotel facility on the other 20 storey building with three basement for parking. this building will accommodate NSSF Central Benefit payment Unit plus shops, banking hall and rentable offices. This is a 27 storey building with two basement. it is a joint venture between NSSF and RITA. RITA Head Offices are going to be Construction of cable stayed bridge connecting Kurasini and Kigamboni areas of Dar es Salaam. the length of the bridge is 680 meters. It also involve construction of 2.5 km of approach roads. Each direction will have three lanes This is rehabilitation and refurbishment of Ground floor and First floor of Tower B and C of Mwalimu Nyerere Pensioners Towers and former Fund Dispensary to accommodate Apollo Clinic The project involve construction of Six storey building in Morogoro with parking in the basement. the building will accommodate a banking hall, restaurant, NSSF offices and offices for renting.

Property International Magazine

The towers are located at the heart of Dar es Salaam City. it involves construction of two

Q1What was/were NSSF‘s last year’s achievements?

There were many achievements in terms of real estate’s development in Financial Year 2013/2014. However the most notable achievement can be singled out in terms of continued smooth execution of projects under construction. In that particular year NSSF was undertaking a total of 12 projects worth Tsh. 1.5 trillion at completion. The duration of execution of these projects ranges from two years to four years i.e. the dates of completion for these projects are between February 2015 and January 2017.

Details of these projects are as follows : -

START DATE

COMPLETION DATE

CONTRACT SUM

Feb-12

Feb-15

63,396,898,580.00

Jan-12

Mar-15

39,793,690,243.00

Jan-11

Feb-15

39,862,550,579.00

Feb-12

Jul-15

240,407,000,000.00

Oct-12

Feb-15

5,193,073,841.00

May-13

Mar-15

10,059,765,440.00


MOROGORO COMMERCIAL COMPLEX MZIZIMA TOWERS

SHINYANGA COMMERCIAL COMPLEX MWANZA TOURIST HOTEL MTONI KIJICHI PHASE III DUNGU FARM

DEGE ECO VILLAGE

building in Morogoro with parking in the basement. the building will accommodate a banking hall, restaurant, NSSF offices and offices for renting.

May-13

The towers are located at the heart of Dar es Salaam City. it involves construction of two towers one with 30 storeys accommodating posh residential apartments and the other with 32 storeys accomodating commercial facilities

Apr-13

Sep-16

233,339,000,000.00

May-13

Mar-15

7,133,513,893.00

Nov-13

Oct-16

72,849,918,262.00

Jul-13

Mar-15

137,772,139,702.00

Dec-13

Jan-16

185,000,000,000.00

Jan-14

Dec 2017 Jan-17

470,474,406,000.00

The project is for construction of five storey commercial building which will comprise of NSSF offices, Banking Hall and Offices for leasing. The project is construction of 5 star tourist Hotel with 216 rooms, presidential suit, two swimming pools and one helipad The project involves construction of 720 flats and 100 maisonnettes for residential accommodation The project involves construction of modern residential apartments in Dungu Farm and Toangoma within Kigamboni area. This is a joint venture between NSSF and M/s Azimio Housing Estates . It involves construction of 7160 apartments, 300 villas, 24 shopping units and a supermarket. Other social services like restaurants, kindergarten, a primary school, health centre, outdoor swimming pools, police station etc.

no. 5, February 2015 Mar-15 Issue 10,059,765,440.00

1,505,281,956,540.00

Q2. 2015 expectations?

In the coming year, the Fund is intending to implement projects that will meet the low income bracket in terms of provision of decent and affordable houses. It will also continue to implement serviced plots in other areas such as Misugusugu and will start

city phenomenon in various areas. The industry also witnessed booming of commercial and office complexes in the city centre which will result into saturation of supply of commercial and office spaces and therefore rental rates are expected to decline in the near future.

construction of satellite town in Arusha and international terminal at Mwandiga area in Kigoma. In implementing this programme, there is another benefit to be derived in terms of employment creation both directly (through employment of artisans and their helpers) and indirectly through availing opportunities to the food vendors to sell food and drinks to the artisans.

Q3. In your opinion, What was/is the Best Project of the Year?

Dege Project is taken to be the best project for the year because is implemented using a modern technology i.e., tunnel molding system and it has attracted many people from all levels including Retired President Ali Hassan and Prime Minister Mizengo Pinda to visit this project.

Q4. Any comments on Real Estate Industry in Tanzania?

In recent years, the industry has witnessed massive developments and more specifically the development of satellite towns which will not only reduce problems of decent accommodation but also will provide planned settlements, easy access to the support services and large multiplier effect to the economy. The most important attribute is for the municipal authorities to allocate land in prime areas for strategic developers so as to emulate the satellite Property International Magazine

23 


Issue no. 5, February 2015

Real Estate

Feature | Guide | Advice

RWANDA: “WEAPONS OF MASS CONSTRUCTION”: KIGALI’S CHINESE INVESTMENT Extract from Daniel Nzohabonimana

The head of investment promotion at Rwanda Development Board (RDB), Vivian Kayitesi, noted: ‘The major area of Chinese investment in Rwanda are in construction and real estate, hotels and ICT’. She went on to say that since 1994 China’s investments stand at almost $200 millions out of more than $5 billion, which is less that 4% of total investments. Projects included the construction of high profile ‘landmarks’ such as the Marriot Hotel at $60 million (2010) through joint ventures, as well as Chinese-owned initiatives such as BCEG ($10m, 2009). investors with industrial and commercial lands, improve availability of electricity, transport linkages, market access and availability of skills. When Forum for African Investigative Reporters (FAIR) visited the SEZs on the outskirts of Kigali City, we observed that the zone was being developed almost exclusively by Chinese companies.

I

n a bid to incentivize more investment, the Rwandan government established Special Economic Zones (SEZ). During a high level policy workshop held in

Kigali on October 16, 2012, Claire Akamanzi, acting CEO of Rwanda Development Board, described SEZs in Rwanda as designed to provide

We noted seven companies from China present in SEZs out of 52. Special Economic Zones are increasingly being used as an economic policy tool worldwide. ‘They have the ability to promote private investment, industry and export growth as they offer quality infrastructure, streamlined business regulations and incentives to investors and businesses’, said the head of SEZs. Local construction companies feel they cannot compete. ‘Most of big building and roads construction projects are being executed by Chinese contractors,’ said a local engineer who requested anonymity. He explained that Chinese companies win big tenders due to a combination of low cost of construction backed by vast technical and financial capacities. ‘They offer low prices because they import most materials and equipment from China from partners who supply them with materials at cheap prices,’ claimed the engineer. In a government tender to construct a hangar at Kigali International airport, China Star won the tender, bidding $1,2m. Two other local companies,

24

Property International Magazine


Issue no. 5, February 2015

Real Estate

Real Constructors Ltd and Horizon Construction ,a subsidiary of Horizon Group, had respectively bid $1.8 m and $3m. Weapon of mass construction In the middle of Kigali, Chinese labour is busy at work, building shopping malls and hotels. Kigali Marriot Hotel is one of the projects awarded to a Chinese company. The US-based hotel chain announced in March 2011 a partnership it entered with the government of Rwanda and New Century Development Limited from China — currently constructing the hotel at former Jali Club in Kigali — to manage the over $60m facility to open in December 2014. An accountant at the site who requested anonymity said that the bulk of labour and materials used were imported from China, except for cement sourced from

Uganda and a few local materials such as wood and bricks. It is a must to source the latter locally because they are cheap at 10 RWF a brick and it would be expensive to transport them in case they could be sourced from China. Local contractors agree that China has a competitive advantage in construction fields due to technical expertise. But what room does this leave for Rwandan companies in their own economies? This was the theme of the first ever COMESA Business Council (CBC) Manufacturers’ Fair and dialogue, held in Kigali in July 2013. The event was titled ‘Linking Businesses to Markets: Unlocking the Potential of the Manufacturing Sector in the COMESA Region.’

Feature | Guide | Advice

said that studies of Rwandan markets revealed the country cannot compete in ‘mass goods’ - Rwanda’s geography, high costs of production and small profit margins, marginalized quantity over quality. ‘We need to sensitize our consumers about the quality of locally manufactured products,’ said Nicholas Mulungwe, cluster development expert at COMESA’s leather product institute, based in Addis Ababa. ‘The best and bad quality comes from China. It is up to us to ensure that we produce first quality products for our consumers to appreciate them. ‘There must be no blame game.’

Robert Bayigamba, chair of Rwanda Association of Manufacturers, RAM, Property International Magazine

25


Properties

Issue no. 5, February 2015

Eco-Energy Sugar Project 1km from the plots

COMMERCIAL PLOTS AVAILABLE FOR SALE, MAKURUNGE, BAGAMOYO URBAN AREA

To Saadan 10 Km

COMMERCIAL/RESIDENTIAL

PLOTS

• FILLING STATION

From Makurung e

COMMERCIAL COMPLEX

TOURISM CENTRE

3Km

• To Msata

13km from Bagamoyo

Business Centre at Makurunge, Bagamoyo for sale i.e comprising of a Filling/Petrol Station, Commercial Complex , Tourism Centre and 12 Commercial/residential plots Plot sizes: Filling/Petrol Station 3,343 square meters, Commercial Complex 14,000 square meters (3.5 acres), Tourism Centre 13,000 square meters (3.25 acres) and 12 Commercial/residential plots 10,500 square meters Location: Located on the highway/main road: Bagamoyo – Saadani – Pangani – Tanga – Mombasa, 16km from Bagamoyo town, 1km from Eco-Energy Sugar Project, 10km from Saadani National Park Ownership: Every plot has got a title deed in one name for the term of 66 years from the year 2013 Project price: Negotiable

For more information contact +255769250441 / +255718989846

PLOT FOR SALE

Location: Mbezi Beach, Size: 2,524 HA Price: Ask for Price Features: Title deed available

PLOT FOR SALE

Ts 1116 - Bagamoyo Very marketable 9 acres plot, All important facilities available Like water and electricity. USD 350,000, Tel: 0756 960 960 www.tzrealestate.co.tz

PLOT FOR SALE

Ts 1106 - Very secured and suitable big industrial plot of 6 acres located at Mandela road. USD 600,000 Tel: 0756 960 960 www.tzrealestate.co.tz

PLOT FOR SALE

Ts 1115 Bagamoyo - Surveyed with the title deeds 6 Acres farm at developing residential And all basics including water and electricity. Tshs 400 MIL Tel: 0756 960 960, www.tzrealestate.co.tz

Tel: 0755 323 909 / 0688 888 898, Email: sales@propertyinternationalltd.com 26

Property International Magazine


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Issue no. 5, February 2015

CHEKENI VILLAG

PLOT No.

30

AFFORDABLE PLOTS AVAIL SIZE SQM

PRICE PER SQM

TOTAL

PLOT No.

SIZE SQM

PRICE PER SQM

TOTAL

Tel: 0755 323 909 / 0688 888 898, Email: sales@propertyin Property International Magazine


Issue no. 5, February 2015

GE (KIGAMBONI)

LABLE FOR SALE: Tsh: 8000 per Sqm

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31 


Properties

Issue no. 5, February 2015

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32 

Property International Magazine



Issue no. 5, February 2015

Unusual Homes

34 

Property International Magazine


Designs

Issue no. 5, February 2015

Property International Magazine

35 


Issue no. 5, February 2015

Home tips

Uses | Discoveries | Solution | Health

HEALTH HONEY BENEFITS OF

1. Prevent cancer and heart disease

Honey contains flavonoids, antioxidants which help reduce the risk of some cancers and heart disease.

2. Reduce ulcers and other gastrointestinal disorders.

Recent research shows that honey treatment may help disorders such as ulcers and bacterial gastroenteritis. This may be related to the 3rd benefit…

3. Anti-bacterial, anti-fungal. “All honey is antibacterial, because

the bees add an enzyme that makes hydrogen peroxide,” said Peter Molan, director of the Honey Research Unit at the University of Waikato in New Zealand.

4. Increase athletic performance.

Ancient Olympic athletes would eat honey and dried figs to enhance their performance. This has now been verified with modern studies, showing that it is superior in maintaining glycogen levels and improving recovery time than other sweeteners.

5. Reduce cough and throat irritation Honey helps with coughs, particularly buckwheat honey. In a study of 110 children, a single dose of buckwheat honey was just as effective as a single dose of dextromethorphan in relieving nocturnal cough and allowing proper sleep.

6. Balance the 5 elements Honey has been used in ayurvedic

medicine in India for at least 4000 years and is considered to affect all three of the body’s primitive material imbalances positively. It is also said to be useful in improving eyesight, weight loss, curing impotence and premature ejaculation, urinary tract disorders, bronchial asthma, diarrhea, and nausea. Honey is referred as “Yogavahi” since it has a quality of penetrating the deepest tissues of the body. When honey is used with other herbal preparations, it enhances the medicinal qualities of those preparations and also helps them to

simple sugars and honey’s anti-bacterial nature combine to create this effect.

9. Probiotic

Some varieties of honey possess large amounts of friendly bacteria. This includes up to 6 species of lactobacilli and 4 species of bifidobacteria. This may explain many of the “mysterious therapeutic properties of honey.”

10. Beautiful skin

Its anti-bacterial qualities are particularly useful for the skin, and, when used

7. Blood sugar regulation

be moisturizing and nourishing! For

Even though honey contains simple sugars, it is NOT the same as white sugar or artificial sweeteners. Its exact combination of fructose and glucose actually helps the body regulate blood sugar levels. Some honeys have a low hypoglycemic index, so they don’t jolt your blood sugar. (Watch this video Sweetener Comparison where I compare stevia, brown rice syrup, honey, molasses and agave, and discuss the strengths and weaknesses of each.)

8. Heal wounds and burns:

shown to be as effective as conventional Property International Magazine

speculated that the drying effect of the

reach the deeper tissues.

External application of honey has been

36

treatment with silver sulfadiazene. It is

with the other ingredients, can also a powerful home beauty treatment for which you probably have all the ingredients in your kitchen already, read Carrot Face Mask.



POTS DESIGNS Issue no. 5, February 2015

Plant pots don’t have to be dull, they can be as interesting as you like. And if you venture away from the mainstream shops, you can find flower pots designs to fit in with any décor style. Here are some of different designs that you can decorate at you home garden or in sitting room area.

Tsh. 95,000/= Tsh. 25,000/=

Tsh. 25,000/= Tsh. 50,000/=

Name: Lewis Daudi Area: Bamaga near Startimes company Experience: 18 years For enquiries please contact: 0716 327 355 0656 430 959

38

Property International Magazine

Tsh. 35,000/=

Tsh. 35,000/=

Tsh. 80,000/=


Issue no. 5, February 2015

Tsh. 80,000/=

Tsh. 70,000/=

Tsh. 180,000/=

Tsh. 5,000/= Tsh. 50,000/= Tsh. 35,000/=

Tsh. 20,000/=

Made in Tanzania

Tsh. 40,000/=

Tsh. 20,000/= Tsh. 40,000/=

Property International Magazine

39 


Issue no. 5, February 2015

NSSF TO BUILD STATE OF THE ART SPORTS ACADEMY IN DAR ES SALAAM.

40

NSSF has signed a deal worth Tsh. 16 billion with Real Madrid to construct an ultra-modern Sports Academy in Kigamboni.

NSSF – Real Madrid Sport Academy that will utilise 100 of the available 473 acres and that construction will commence in May, this year.

The government’s efforts to develop sports in the country received a major boost, with the National Social Security Fund (NSSF) signing a partnership agreement with Spanish giants real Madrid to construct and manage an ultra-modern football academy in the country

Construction of the academy, which will have five pitches – three with artificial turf and two with natural grass – is estimated to cost 16bn/-.

Speaking at a brief signing ceremony in Dar es Salaam on 26th January, NSSF Director General, Dr. Ramadhani Dau, said his institution will construct a modern sports city on a 500-acree plot they have acquired at Mwasonga Village, Kigamboni in Temeke District.

Apart from the five pitches, the academy will also have an ultra-modern stadium capable to accommodate 30,000 people at a time, a hostel, administration block, luxury villas, restaurants, club house, 18-holes golf course, community residences and facilities for other sports.

He said the sports city will comprise of a sports Academic which will be known as

“We’re going to foot the bills of constructing the academy and the

Property International Magazine

Real Madrid, the world’s richest football club will manage the project and the partnership will last 18years

sports city in general, while our partners Real Madrid will manage the academy, including identifying talents, training (coaching), meals and technical support, to mention but a few,” Dr Dau said The project, which is expected to start right after the signing of the contract by the two sides, will begin with 150 youth aged under 13, 15, 17 and 19 years who will later form Team B and senior team. “To start with, we’re going to hire places to ensure the project goes as planned, while waiting for the construction of the academy at Mwasonga. “The youth will use the Uhuru and Karume Memorial stadia in Dar es Salaam and we’ll hire a hostel in Temeke near the Uhuru Stadium,” the NSSF chief said. Real Madrid’s Head of Academies, Rayce Garcia, who is also the head coach


of Madrid’s U-19 team, commended NSSF for picking real Madrid as their partner in the project and promised to use the opportunity to spread Madrid’s methodologies to Tanzanians, who will be lucky to join the academy

Issue no. 5, February 2015

Garcia was accompanied by other three Real Madrid representatives Technical Director Ruben De La Red and coaches Francisco Martin Ramos and Juan Jose San Roman Millan – who, apart from witnessing the signing of the contract, they also toured the project site at Mwasonga Village. The NSSF-Real Madrid Sports Academy project is the second in the country after the Kidongo Chekundu academy being constructed in Ilala District by symbion Power and English Premier League side, Sunderland FC.

Property International Magazine

41


Issue no. 5, February 2015

Co-operate Events

42

The Director General of PSPF Mr. Adam Mayingu (middle) receiving Arsenal jersey from Arsenal officials in Dar es Salaam.

NSSF’s Director General Dr. Ramadhan Dau signing an MOU with Real Madrid Team’s official, for the construction of the Sports Academy in Dar es Salaam.

The Brand Manager of Tigo Tanzania Mr. William Mpinga (left) together with Paulina Shao launching “Tigo kiboko yako” promotion in Dar es Salaam.

Coca-Cola officials launching “Share a coke” promotion in Dar es Salaam. In the picture are: Country Director Mr. Getachew (middle), Sales and Marketing Manager Mr. Hettiarachchi (right) and Mr. Maurice Njowoka (left).

Airtel Tanzania Managing Director Mr. Sunil Colaso launching a promotion that enables Airtel customers win tickets to travel abroad and watch Manchester United matches.

Exim Bank officials Mr. George Shumbusho (middle), Mr. David Lusala (right) and Mr. Noel Tuga (left) launching “Faida EMV Debit Card”.

The director of Aqua decor Tanzania Mr. Masoud Khalfan( middle) pausing with Tanzanian youth who attended house finishing and painting seminar at Aqua decor offices in Dar es Salaam.

Vodacom Tanzania Brand and Communications Director Mr. Kelvin Twissa (middle) launching Jay Millions promotion in Dar es Salaam.

Property International Magazine



Issue no. 5, February 2015

Feature AFRICAN CONSTRUCTION TRENDS Extract from Deloitte

44 

Property International Magazine


Artisans, architects and investors

Slightly over USD222 billion is being invested in 322 African infrastructure projects that meet the criteria for this report, i.e. project value over USD50 million and had broken ground by, but not yet been commissioned at, 1 June 2013. Notwithstanding the fact that the continent is working off a historically low base, this level of investment is substantial, holding high expectations both for and from stakeholders. Top sectors in African infrastructure development (rated by investment value) are Energy and Power, Transport, Mining, Real Estate and Water, followed by Oil and Gas. Of the total number of large projects under construction at 1 June 2013, 36% fall into Energy and Power and 25% in Transport, indicating that there is a solid step being taken forward in these sectors. Development is strongly concentrated in Southern and East Africa. In terms of the number of projects underway, Southern Africa leads with 38% of projects, followed relatively closely by East Africa with 29%. West Africa has 21% of the total number of projects while North Africa and Central Africa lag at 7% and 5% respectively. Project equity ownership Looking at project ownership, 56% of projects are owned by governments, while 4% of total projects collected are jointly owned between governments and Public Private Partnerships (PPPs). Private investors own 39% of the projects within this sample. Of this privately held 39%, European and US investors own 17% of the projects, with 10% having private domestic ownership. There is limited ownership exhibited by BRIC countries and by the East and intra-African investors hold just 2% of the ownership pie, confirming sustained low levels of intra-African trade and investment.

Project debt funding

36% of all funding on the continent is provided by Development Finance Institutions (‘DFIs’), of which International DFIs account for 16% and Africa DFIs, 13%. 7% of the total projects are cofunded by International and Africa DFIs. Domestic Governments fund just 8% of projects, investing USD17 392 million. Europe/US based stakeholders fund 15% of projects and Chinese stakeholders fund 10% of projects in the sample that was

collected. Private domestic investors fund 11% of the projects collected and 7% of projects are funded by foreign institutional investors. The balance of funding is provided by Indian-based and IntraAfrican funding structures, with a portion of funding data categorised under ‘not disclosed’.

Project construction

European/US contractors are building 37% of projects and Chinese construction corporations are building 12%. The balance of contracting parties are private domestic companies and contractors from countries such as Japan, South Korea, Brazil, Australia and South Africa. The findings of this report highlight a growing regional consciousness in Africa. From a sectoral perspective, Southern Africa has received 38% of total investment flows while East Africa has attracted 29% of total investment flows. West Africa has secured 21% of investment with total infrastructure investment in North Africa and Central Africa once again lagging at just 7% and 5% respectively.

Sculpting African growth

The story of potential growth for Africa, the world’s second largest continent is backed by some telling statistics. Standard Chartered Bank forecasts that Africa will grow by 7% pa over the next 20 years, slightly faster than China. According to the International Monetary Fund (IMF), between 2001 and 2010 the continent had six of the ten fastest growing countries globally and the IMF projects that between 2011 and 2015, seven of these ten countries will African. One of the growth drivers within the continent is a growing middle class, which brings with it increased consumer spending power and rapid urbanisation. Further growth drivers are the continent’s deepening financial sector and resurgent Emerging World partnerships. Added to this, a significant portion of allure lies in Africa’s large share of unexploited industrial commodities including 25% of bauxite, over 60% of diamonds, 50% of cobalt, 80% of phosphate and more than 90% of platinum group metals. In markets that are shape shifting to survive in the context of finite resources, recent finds of natural gas and oil in East

Issue no. 5, February 2015 Africa, as well as mineral wealth in West Africa are ratcheting up the continent’s magnetism. Geographic hotspots for mining as well as oil and gas include Mozambique, Angola and South Africa in Southern Africa, Uganda, Kenya and Tanzania in East Africa together with countries along the West African coastline, including Ghana which has recently started oil production. Looking closer at rapid urbanisation, dramatic changes are taking place. Consider that in 2010 Africa had 51 cities with more than a million inhabitants, and only one city (Cairo) with more than 10 million. By 2040, Africa is expected to have more than 100 cities of more than a million people and seven cities of over 10 million inhabitants. Projections by PIDA (2011) propose that Kinshasa, with a population that could reach 24 million, will be the largest African city. The pressure brought on by fast tracking urbanisation is being felt and in a bid to cope, entire new cities such as Tatu City and Konza City in Kenya, and the City of Light in Accra and King City in Takoradi, Ghana are being developed. In Nigeria, the Greater Port Harcourt City and the modern Eko-Atlantic City are being built on reclaimed sea. These ‘self-contained’ new cities, based on the work-play-live concept, are intended to relieve highly congested metropolises and minimise the need for inhabitants to go into the ‘centre’. What cannot be discounted in Africa’s growth story is that it has 60% of the world’s unexploited arable land, particularly in countries such as the Sudan, DRC, Mali, Zambia, Tanzania, Mozambique and Angola. From a food security perspective Africa could – even needs to - become a go-to agri-hub. Operational and cost efficiencies must be unlocked through better infrastructure such as dams and irrigation schemes and integrated transport corridors. Another telling statistic in sculpting Africa’s growth story is that only 10% of trade currently takes place between African countries. Comparatively in Europe this figure is as high as 60%. To raise intraAfrican trade levels it is imperative to get infrastructure to work synergistically, with regional port-rail-road corridors needing to be rapidly developed. There is, on all fronts, opportunity to sculpt African growth in such a way that the continent becomes more self-serving for its people. Property International Magazine

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Issue no. 5, February 2015

Meet the team behind

GLOSSARY

The talented people who drive P.I.L Magazine Zohra Moore

Sales & Marketing Manager

To be SUCCESSFUL, you don’t need a beautiful face and heroic body. What you need is a SKILLFUL MIND and ability to PERFORM.

George Colyvas Sales Excutive

Chase the vision, not the money, the money will end up following you.

Hayat Abdul Aziz Sales Excutive Success breeds confidence, confidence breeds Success.

Joseph Steven Illustrattion

“Never let your work drive you. Master it and keep it in complete control.”

Gharib Khamis

IT & Distribution Manager

There is no elevator to success, you have to take the stairs

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Property International Magazine

APARTMENT? An individual unit in a multi-unit building. The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Often seen in multi-story apartment buildings. MULTI-FAMILY HOUSE? Often seen in multi-story detached buildings, where each floor is a separate apartment or unit. TERRACED HOUSE (A. K. A. TOWN HOUSE OR ROW-HOUSE)? A number of single or multi-unit buildings in a continuous row with shared walls and no intervening space. CONDOMINIUM Building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. There are town house or row house style condominiums as well. Cooperative (a. k. a. Co-op) A type of multiple ownership in which the residents of a multi-unit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit. Semi-detached dwellings (in UK, a “semi” is by definition two units with a party wall). Duplex Two units with one shared wall. (In UK, a duplex is an apartment on more than one storey) Single-family detached home • Portable dwellings • Mobile homes – Potentially a full-time residence which can be (might not in practice be) movable on wheels. • Houseboats – A floating home • Tents – Usually very temporary, with roof and walls consisting only of fabric-like material.



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