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Dar es Salaam - Tanzania: City Reports

The Tanzanian government investment into infrastructure development in and around Dar es Salaam is aimed at promoting economic expansion. 40% of the government’s 2017/2018 budget has been allocated to key infrastructure projects. The country’s economic growth and stability will attract foreign investment.  Despite high inflation and interest rates, the real estate sector continues to see growth. There is an increase in the demand for high quality office accommodation, whilst the retail sector may take some
time to evolve, mainly because the city is largely populated by low income earners. Nonetheless, there are still opportunities for retailers but location will be a key factor.

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