In Eastern Africa, Tanzania is coming in at second for having the largest market for construction. Ethiopia is the first market for construction. Tanzania’s construction platform is made up of multitudinous regulations and stakeholders.
Investors, with their own foreign financial services and/or banks, are coming for these opportunities in Tanzania. Proposing projects with these funds along with the help of donor aid or multilateral financial assistance. These companies are able to choose architects, contractors and engineers for their needs while also complying with the the many registration entities and legislation. Each company with each project has to be registered in Tanzania; this is a pre-requisite. It is typical for foreign companies to partner up with local companies. In doing so, the process for registration seems to be smoother and less time consuming, we have seen.
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