Buildexpo has grown in several aspects in 2018. The visitor registrations are much higher including top industry professionals such as builders, developers, architects, consultants, engineers, manufacturers, importers & distributors. In terms of exhibitors, the event will showcase a wider range of products and equipment also this year since there has been a focus on the mining, lighting, wood, glass and water industry. Companies from over 30 different countries are scheduled to participate in the Tanzanian edition including major players from the East African region. Countries dominant this year are Germany, China, India and Italy with several leading international brands looking to build a solid foundation in the East African market.
The Tanzanian government has announced aggressive promotion of infrastructural development in the country. Tanzania, Kenya, Ethiopia and Rwanda are among the African countries that will directly benefit from the Belt and Road Initiative” (also referred to OBOR – One Belt, One Road economic corridor project.
“As the mediators of the economic development in East Africa, we are extremely excited that our business community and relevant stakeholders are now taking full advantage of the Buildexpo platform created for their growth and explore opportunities through active participation.”
– Trevor Daniels, Media Manager for Buildexpo Africa
It has been projected as the ideal forum for international companies to showcase their products and services to the huge market. Major company leaders from East Africa, and surrounding regions are invited directly in collaboration with regional trade bodies in Kenya, Tanzania, Ethiopia, Uganda, Somalia, Mozambique and Congo.
Tanzania has embarked on its second Five-Year Development Plan, 2016/17 to 2020/21 (FYDP II), which picks up on interventions which fell short under MKUKUTA II and FYDP I. The focus for the government for the future of Tanzania is now to urgently implement measures to enable and encourage the private sector to play a more significant role in Tanzania’s development. The country’s real GDP growth rate, was the highest in the East African Community (EAC) for 2017 and 2018 going forward is only looking better.
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