By Sylivester Domasa in Dodoma
CONSTRUCTION of the
National Housing Corporation landmark Morocco Square commercial toweris
set to resume soon following a recent loan-scheme restructure that
helps to save at least
1.12bn/- a month.
Deputy Minister for
Lands, Housing and Human Settlement Development Angelina Mabula said
that the corporation is ready to complete its project which had been
pending.
Work at the Morocco
Square site had reached 90 per cent, with further explanation from NHC
that in September 2017, it sold 80 per cent of residential apartments
and commercial spaces at its Victoria Place and Morocco Square in Dar es
Salaam through mortgage financing.
"Construction work
at the Kawe based 7-11 and Golden Primary Resident also reached 43 per
cent while work at Plot 300 Regent Estate has reached 11 per cent," the
deputy minister said in the National Assembly.
She was reacting in
response to a concern raised in the August House by Kawe Member of
Parliament, Halima Mdee, who alleged that most of the projects under the
National Housing Corporation were in suspense.
The lawmaker
claimed that the two projects in her constituency were in bad shape, as
the firm faces massive debts and shortage of funds to finance its
construction works.
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