Minister for Industry, Trade and Investment Charles Mwijage said at the weekend here that when completed, the integrated township project would generate 100,000 employment opportunities for the youth in the education, light industry, tourism, logistics, commercial, transport and construction sectors.
Speaking during the function which was held in Morogoro, Mwijage said: “The Tungi SEZ was part of plans by the government to create employment for the youth through the process of industrialisation.”
During the function, the director general of Tanzania Export Processing Zones Authority (EPZA), Joseph Simbakalia, handed over the Special Economic Zone (SEZ) developer license to Star Infrastructure Development (T) Limited, formerly Dominion Plantations Limited, marking the start-up phase of the project.
Sprawling over 3000 Ha, it will be the first largest Industrial, Commercial and Residential development project under SEZ Investment Scheme promoted by the private sector. Phase 1A of the project will comprise an area of approximately 1.4 square kilometers.
The city will be divided into 3 development sectors according to the existing site conditions - an Eco-Living (South Star), Logistic Hub (Central Star) and University Town (North Star). It is a joint venture between M/s Crystal Developers (T) Limited and Singapore-based M/s Lavender Infrastructure PTE Ltd.
Simbakalia said the project would contribute in turning around of the economic fortunes of Morogoro Region.
“Morogoro was known for being one of the leading hubs for many industries in Tanzania. However over the years, this status has been lost. With the Star City project, we believe that this lost status will be revived again,” he said.
Also present were Yogesh Manek, the chairman of M/s Star Infrastructure Development (T) Limited and Morogoro Regional Commissioner Steven Kebwe.
Manek said the start-up phase would comprise a maiden development area of approximately 275,000 square metres.
“We have staggered the entire construction, which has an initial capital outlay of 140bn/- in the start-up phase. It has been forecasted that Phase-1 will be completed by 2025 and the rest of the phases by 2040 and 2050 respectively.
The project shall offer good infrastructure, including tarred roads, power supply, and water among others,” said Manek.
He added that the project would offer good infrastructure, including tarred roads, power supply, and water among others.Kabwe asked more investors to consider investing in the Tungi Special Economic Zone, saying that the regional administration was ready to lead the way by building a referral hospital there.
The developer license would enable M/s. Star Infrastructure Development (T) Limited to develop, design, finance, construct, insure and own the industrial park situated in Tungi Estate, which is located within the urban limits of the bustling Morogoro City.