IDA Credit: USD$ 190 Million
TERMS: Maturity = 40 Years; Grace Period = 10 Years
PROJECT DESCRIPTION: This project aims to support Tanzania ’s economic growth by providing enhanced transport facilities which are reliable and cost effective, in line with Mkakati wa Kukuza Uchumi na Kuondoa Umasikini Tanzania, (MKUKUTA) and the National Transport Policy and Strategy. Following are the key monitoring indicators for the achievement of the PDO: (i) reduction of rush hour travel time of public transport users between Ubungo and the Central Business District (CBD) in Dar es Salaam; (ii) reduced average vehicle operating cost on the Korogwe to Same trunk road; and (iii) satisfactory rating of Zanzibar airport facilities by both airlines and passengers.
