Government Initiative to Accelerate Road and Bridge Projects Financing
Latest Tanzania construction news · Government Initiative to Accelerate Road and Bridge Pro… explained · updated Aug 19, 2026 · breaking news · latest updates · explained
TLDR
- The government is enhancing efforts to accelerate road and bridge projects by improving financing access.
- Finance Minister Khamis Mussa Omar and Works Minister Abdallah Ulega held discussions in Dodoma to ensure timely funding for infrastructure projects.
- In July, the government disbursed TZS 325 billion to development funds, including TZS 76 billion specifically for the Road Fund.
- Seventy percent of revenue from special funds will be directed to respective funds instead of going through the Treasury.
- The government is exploring infrastructure bonds to raise substantial upfront funding for strategic projects.