TBA to slash Treasury reliance to 13pc
The Tanzania Buildings Agency (TBA) has launched a seven-year strategy to reduce its reliance on government funding from 55% to 13% by 2033. The agency plans to achieve this by leveraging public-private partnerships to expand commercial and residential real estate development.
Why it matters
This shift reflects a broader trend of state-owned enterprises seeking financial independence through private sector collaboration to meet infrastructure demands.
DODOMA: THE Tanzania Buildings Agency (TBA) plans to cut its dependence on Treasury funding from 55 per cent to about 13 per cent by 2033 under a new seven-year strategy that will expand public-private partnerships and strengthen housing development across the country.
TBA Acting Chief Executive Officer, Mr Rajab Mndeme said the agency was responding to growing demand for affordable and decent accommodation through its 2026/27–2032/33 Strategic Plan, which aims to expand commercial real estate development while reducing reliance on government funding.
“We have already started receiving proposals from different private entities for the Nzuguni B project, which seeks to construct 3,500 houses for public servants,” Mr Mndeme said.
He made the remarks during a working tour by the Parliamentary Standing Committee on Infrastructure at the Nzuguni B site in Dodoma, where TBA is undertaking the housing project.
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