This project is the brainchild of the founding father of the nation Mwalimu Julius Kambarage Nyerere. It is valued at 6.557 trillion Tsh and is fully funded by the Tanzanian government. When completed, it will produce 2115MW of electrcity as well as create 5400 plus jobs.
Also known as the Rufiji Hydropower project, it is the largest in East Africa and 4th largest in Africa. While the project is undertaken by two Egyptian companies, Arab Contractors and Elsewedy Electric, it is nonetheless overseen by Tanzanian engineers.
The PM said the goal of the project is to ensure access to affordable electricity which will catalyze trade and economic growth as well as attract investment due to the related reduced cost of electricity.
“The fifth administration has placed utmost priority in developing the energy sector...this will ensure we have reliable electrcity supply,” the PM added.
He said with reliable electricty, Tanzania can be assured of increased productivity not only for large companies but also for SMEs.
“Tanesco will get more revenue from increased clients both large factories as well as small users,” he said.
He went on to note that, with the increase in electricity production, the government will be able to achieve one of its major goals, to supply electricity to all regions of the country including rural areas.
Underscoring President Magufuli’s call for foreign (and local) investors, the Prime Minister was also very keen to urge foreign investment across all sectors of the economy.
“I welcome international companies to come invest and work in Tanzania, Tanzanians are willing, ready and able to work in projects at all levels,” implored the PM.
While there has been critic against carrying out the project in a UNESCO World Heritage Site, the Sealous Game Reserve, the government reassures environmentalists and other stakeholders that it will protect the ecosystem and ensure minimal to no pollutation takes place and that all related waste is controlled and managed.
To learn more about Stiegler’s Gorge, Selous Game Reserve and progress of the Julius Nyerere Hydropower project click here: https://epaper.ippmedia.com