NSSF ready to provide cash for bridge

Mkatavimeo · 2011-02-25T10:57:49+00:00

The National Social Security Fund (NSSF) it is ready to provide 60 per cent of the funds needed to build an ultramodern bridge across the Magogoni creek in Dar es Salaam.NSSF is now waiting for the government to secure partners who would foot the remainder of the cost of the proposed Kigamboni bridge, the funds Chief Public Relations and Customer Services Officer, Ms Eunice Chiume, told The Citizen yesterday. The bridge will be 560 metres long and 14 metres wide, and will have a two-lane carriageway with provisions for cyclists and pedestrians.Ms Chiume said project was estimated to cost $130 million. An evaluation has established that the Kigamboni bridge will be more of a service project than a commercially viable structure, and that is why we settled for the partnership arrangement, she said. The project is expected to ease transportation for thousands of Dar es Salaam residents. Kigamboni and the city centre are linked by ferries operating across the 400-metre wide Magogoni Creek. Alternatively, Kigamboni can be reached through Mbagala, a 30-kilometre trip from the city centre. According to information made available to The Citizen, talks are going on between the government and the Japan International Cooperation Agency (Jica) on financing part of the project. Ms Chiume said the Kigamboni bridge project would be useful to NSSF, which is planning a satellite city in Kigamboni area. The government also plans to modernise Kigamboni with the construction of high-rise buildings, leisure beach parks and hotels. This paper has learnt that delays in initiating the bridge project were to blame for the withdrawal of the Dutch agency Oret. According to the Netherlands embassy website, Oret is a Dutch directorate of international cooperation under the Foreign Affairs ministry My concerns: (1) Kwanini hao wadutch wali withdraw from the project? (2) If the project will be purely for service, and wao waka opt kuwa partners by 60%, how are they going to recover the investment? (3) Hela wanazo invest ni michango ya wanachama or the funds are coming from another source? kama ni za wanachama, je wanachama hao wamehusishwaje kwenye maamuzi ya kuinvest?

Thread starter Mkatavimeo
Start date Feb 25, 2011

Mkatavimeo

JF-Expert Member

Feb 25, 2011

wimbi la mbele

JF-Expert Member

Feb 27, 2011

mundo

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NSSF ready to provide cash for bridge

Mkatavimeo

JF-Expert Member

wimbi la mbele

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mundo

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NSSF ready to provide cash for bridge