Another investment of ZIPA on Pemba!

Another investment aimed at developing Pemba Island, facilitated by the Zanzibar Investment Promotion Authority.
The Zanzibar Investment Promotion Authority (ZIPA) has signed an agreement with IRIS Construction Trade Limited from Turkey for the construction of infrastructure for roads in the Investment Free Zones of Micheweni, Pemba. The company will build a 13.5-kilometer road that will cost TZS 12,927,128,073.
The construction is expected to be completed by December of this year, 2023. This clearly demonstrates the intention of His Excellency Dr. Hussein Ali Mwinyi, the President of Zanzibar and Chairman of the Revolutionary Council, to ensure that investment development in Pemba continues to strengthen and bring benefits to the community and the country as a whole.
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