Tanzania: 617 million dollars from ADB for infrastructure

27 June 2011

The African Development Bank (ADB) could grant up to 617 million dollars to Tanzania over the next three years as part of a new five-year development strategy, reports the Xinhua press agency.

The national development strategy of Tanzania will concentrate in particular on the development of infrastructure such as ports, roads, railways, air transport and irrigation.

Elsewhere, it was also learned this week that the Saudi Development fund has agreed to contribute 54.2 million dollars towards the financing of the construction of the new airport at Ouagadougou in Burkina Faso, reports the APA press agency.

The project's aim is to increase the airport's capacity in order to keep up with growth in air traffic. The present airport will thus be relocated to the north of the capital at Donsin, to enable this expansion.

It should enter service in 2017.
 


Categories: Transport, Water

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