{"id":43421,"date":"2021-12-18T16:33:13","date_gmt":"2021-12-18T16:33:13","guid":{"rendered":"https:\/\/www.africa-press.net\/tanzania\/?p=43421"},"modified":"2021-12-18T15:05:31","modified_gmt":"2021-12-18T15:05:31","slug":"abu-dhabi-fund-pledges-support-in-strategic-projects","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects","title":{"rendered":"Abu Dhabi Fund pledges support in strategic projects"},"content":{"rendered":"

Africa-Press – Tanzania. <\/strong><\/span>THE Abu Dhabi Fund for Development (ADFD), has pledged to provide financial support for strategic development projects being implemented in Tanzania.<\/p>\n

Upon completion, the projects will improve the living standard of individuals as well as stimulate agriculture, livestock and tourism. The pledge was issued by the ADFD Director General Saif Al Suwaidi during his brief meeting with the Tanzania delegation that was led by Minister for Finance and Planning, Dr Mwigulu Nchemba in Abu Dhabi, recently.<\/p>\n

He said the fund has been working closely with the government of Tanzania, saying apart from supporting the country through soft loans and grants; the ADFD is now looking forward to investing in Tanzania\u2019s agriculture and tourism sector.Mr Suwaidi also assured to link Dr Nchemba and the Zanzibar\u2019s Minister of State, President\u2019s Office, Finance and Planning Jamal Kassim Ali to the members of the private sector in Abu Dhabi for the latter to invest in Tanzania.<\/p>\n

\u201cThere are a lot of things that need our combined efforts, especially on pushing forward our development and the bilateral ties, we are also looking forward to investing in the productive sectors in Tanzania,\u201d he said. The ADFD boss was responding to a request that Dr Nchemba had issued earlier on the fund to support Tanzania on implementation of its strategic development projects.<\/p>\n

Some of the projects include construction of Standard Gauge Railway (SGR), the Julius Nyerere Hydroelectric Power Project (JNHPP) as well as housing projects for education, health, agriculture and livestock sectors.<\/p>\n

The minister noted that completion of the SGR line from Dar es Salaam to Mwanza will stimulate the economy and development activities. It will also open up different opportunities in the great lakes region.<\/p>\n

For his part, Mr Ali said Zanzibar needs to be sighted on implementing a construction of 10,000 low cost residential houses to be sold to members of civil service and the general public. \u201cWe also want further investment in oil and gas, health, enhancing tourism as well as construction of the port of Manga Pwani that will have multiple purposes and play a crucial role in building our economy,\u201d he said.<\/p>\n

The ADFD has so far supported construction of different projects, including the Were-Pemba hospital, KidaweUvinza road, Kagera sugar and supply of water in rural areas of Zanzibar. Right now, the fund is financing the construction of the Uvinza-Ilunde to Malagarasi road at a cost of 15 million US dollars.<\/p>\n

For More News And Analysis About Tanzania<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Tanzania. THE Abu Dhabi Fund for Development (ADFD), has pledged to provide financial support for strategic development projects being implemented in Tanzania. Upon completion, the projects will improve the living standard of individuals as well as stimulate agriculture, livestock and tourism. The pledge was issued by the ADFD Director General Saif Al Suwaidi […]<\/p>\n","protected":false},"author":84,"featured_media":43420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,8,12,16],"tags":[6990,6991,711],"class_list":["post-43421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-homepage-english","category-policy","category-twitter","tag-africa-press-2","tag-africa-press-tanzania","tag-tanzania"],"yoast_head":"\nAbu Dhabi Fund pledges support in strategic projects - Tanzania<\/title>\n<meta name=\"description\" content=\"THE Abu Dhabi Fund for Development (ADFD), has pledged to provide financial support for strategic development projects b ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Dhabi Fund pledges support in strategic projects\" \/>\n<meta property=\"og:description\" content=\"THE Abu Dhabi Fund for Development (ADFD), has pledged to provide financial support for strategic development projects b ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects\" \/>\n<meta property=\"og:site_name\" content=\"Tanzania\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-18T16:33:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/12\/img-61bdf8998a318.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Abu Dhabi Fund pledges support in strategic projects\",\"datePublished\":\"2021-12-18T16:33:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects\"},\"wordCount\":421,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/tanzania\/sites\/17\/2021\/12\/img-61bdf8998a318.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Tanzania\",\"tanzania\"],\"articleSection\":[\"all news\",\"head lines\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects\",\"url\":\"https:\/\/www.africa-press.net\/tanzania\/all-news\/abu-dhabi-fund-pledges-support-in-strategic-projects\",\"name\":\"Abu Dhabi Fund pledges support in strategic projects - 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