Egyptian president Abdel Fatah al-Sisi is reported to have taken a personal interest in the project as the envisaged dam is seen as a potential door-opener for more Egyptian companies to win lucrative project tenders in Tanzania and elsewhere in Africa.
The preparations for the Stiegler’s Gorge project involve opening bank accounts and finalizing paperwork, official said here. Consultants are finishing the design review and, in a few days, a field engineering team is expected to be formed.
Tanzanian firms will be hired to operate security services, uproot trees in the project area, and assume part of the construction works, thereby creating much-needed job opportunities for Tanzanian youths. Also involved in the project as co-contractors with Arab Contractors is the Cairo-based El Sewedy Electric Ltd. The entire project is estimated to cost in the region of $3.6 billion. Premier Madbouly, who also doubles as Minister of Housing, Facilities, and Urban Areas, stressed the importance of meeting deadlines and executing a high quality project with proper personnel.
The dam will be built at the basin of the Rufiji River, and is set to generate 2,100 megawatts - or 5,920GWh - of hydro-electricity annually, thereby ending Tanzania’s perennial power supply problems once and for all.