Tuesday, November 21, 2017
   
Text Size

Site Search

ProfMMbarawaThe Government has decided to finance procurement of four radar systems using its own funds rather than through a commercial bank loan, saying the move would lead to a saving of about 10 billion/-, it has been learnt.
Minister for Works, Transport and Communication, Prof. Makame Mbarawa, revealed this in Dar es Salaam recently at a contract signing ceremony for the four radar systems project worth 61.3 billion/- which will be executed by Thales Air Traffic Management and System.
According to Prof. Mbarawa, the original financing arrangement was going to be a bank loan and TCAA’s internal revenue. However, the Government decided to fund part of the project costs equivallent to the bank loan and in doing so it was able to save about 10 billion/- which would have been paid to the bank as interest.
Prof. Mbarawa expressed pleasure that Tanzania Civil Aviation Authority (TCAA) explored the possibility of raising part of the project costs from its own sources, saying it was high time other public institutions emulated TCAA by avoiding what he called a borrowing mindset every time they wanted to implement a project.
“We can implement many projects by using our own generated funds which would help us save huge amount of money,” said Prof. Mbarawa.
The minister called for a smooth implementation of the contract which was signed by the Director General of TCAA, Mr. Hamza Johari and a representative of Thales, Mr. Abel Carr and added that he would be following it up very closely in order to ensure value for money.
The radar systems would be installed at Julius Nyerere International Airport in Dar es Salaam, Songwe Aiport in Mbeya, Mwanza Airport and at Kilimanjaro International Airport, within a period of 18 months.
According to Mr. Johari, the project, which includes training for 33 TCAA staff, will enable the country to take full control of its air space, unlike the current situation whereby part of country’s airspace is under the watch of neighbouring countries.
TPJ undertands that the project has a civil and electrical component which will be sub contracted to local contractors under supervision of Tanzania Building Agency.

Visitors Counter

8159548
Today
Yesterday
This Week
Last Week
This Month
Last Month
All days
8362
21415
38251
8058169
202247
232040
8159548

eNewsletters

En cilgin hd porno videolari icin sitemizi ziyaret ediniz.Yerli yabanci escort bodrum kizlari burada