Local Authorities Pension Fund (LAPF) will start construction of the country’s tallest building in Dar es Salaam in September, an official said yesterday. LAPF Civil Engineer and Senior Estate Officer Jamal Mruma told the 'Daily News' that construction of the 25-storey building is scheduled for completion in 2010.
He said the proposed building named Millennium Towers Phase Two was among projects being executed by LAPF. “This modern structure is to be built in Kijitonyama area,” he added. Mr Mruma said LAPF embarked on the project due to increased demand for office accommodation by many entrepreneurs. “We have been getting hundreds of requests by entrepreneurs,” the official said, adding that: “This is a very positive development in the economy. “When you see many people looking for space to rent, it means economic development activities are taking place,” he said.
He said the proposed 25-storey building would provide space for various facilities including offices, residences, conference halls, shopping centres, underground discotheque and restaurants. He said LAPF has set aside 101bn/- for the project in the 2008/09 financial year. Mr Mruma said LAPF has other real estate projects in Mwanza, Morogoro and Dodoma regions.
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