π Tender Overview
Scope :
The Elsewedy Industrial City (EIC) that will be established in Tanzania is planned to be one integrated industrial zone and city is also expected to cover an impressive area which adds up to a total of 2.6 million square meters. Strategic industries will be established and also residential areas and amenities that will be situated at a distance of 15 kilometers away from the Kwala Dry Port, which possesses the Ruvu station of the Standard Gauge Railway that stretches across 2,000 kilometers. The main discussion at the forum was the investment opportunities and incentives in Tanzania that shall enable the fostering of relationships partnerships in the sectors of engineering, construction and even pharmaceuticals. The role of SD in driving investments in the country was also highlighted.
$400 Million Elsewedy Industrial City to be Built in Tanzania
Elsewedy Industrial Development which is a subsidiary of Elsewedy Electric Egypt has just recently made an announcement on launching the massive Elsewedy Industrial City in Tanzania that is foreseen to attract more than $400 million investments. The industrial city will also have the potential of generating approximately 50,000 employment opportunities which will be of great benefit in industrial growth in the country.