Somali run property project in Tanzania

[Executive]

Very impressive, if we had peace and stability in our country and I think we would be able to rebuild in a short time. Its a $627.6 million housing project in Dar Es Salaam.

http://www.ipiltd.com/

The Chairman and Managing Director

Board of Directors

Chairman of the Board: Mr. Omar A. Ali
Managing Director: Mr. Suleiman A. Dualeh
Finance Director: Mr. Abduhakim Hersi
Syndicated Investment Director: Mr. Mohamed H. Suleiman




IPITL has acquired land measuring 200 acres in the Bahari Beach Area of Ununio in Dar es Salaam for development of the self sustained, independent state of the art satellite city comprising of the following:-

* Executive villas, townhouses and apartments
* Five Star Hotel
* Hospital
* Recreational centre school (nursery & primary school)
* Nursery and Primary School
* Service station

Shopping Mall
Not less than 40,000 sqm comprising of banking facilities, night clubs, restaurants, supermarkets, cinema halls and many other facilities required in a big mall.

Ferry service
that will link the rich, sandy Bahari Beach to the main Dar es salaam port on the one hand, and the exotic Zanzibar islands on the others.

Bahari Beach Town is designed to become a self contained satellite city providing family – friendly environment for potential resident populations of 10,000 people, while its commercial units could serve additional 1,000,000 people within easy connecting area.
Location
The Project is located approximately 30km from the city centre and covering of about 200 acres within the beautiful Bahari Beach Area. The area is well connected to the electricity and water supply from the mains. It is easily accessible from the city centre and other places of interest via the New Bagamoyo road.

[tightrope]

IMPRESSIVE

[greenday]

Somalis are going far

[Cumar-Labasuul]

masha'allah

Executive, I have always shown my liking for zanzibar (yeah I know this is in darasalaam not zanzi) but I could never live amongst those people - they would probably chop me up at night

[udun]

My understanding is the Tanzanian government intervened this project and Treasury department put a hold on some of the projects. As far as I know, this group is not investing in Tanzania any more.

[ciyaal_warta]

building another man's world

[Executive]

My understanding is the Tanzanian government intervened this project and Treasury department put a hold on some of the projects. As far as I know, this group is not investing in Tanzania any more.

Here we go again, This reminds me of your Dahabshiil stories and other fake claims you run around with on the forum. The Tanzanian government is a shareholder in this project. Last time I was in Tanzania I saw the project going on myself.

They are selling off plan and finished properties as we speak, and there posting updates on the website if you have a look. Local banks are even offering mortgages to buyers since last week.

[ina aadan]

building another man's world

caqli xumoda somali, wadaninimo male.

[SahanGalbeed]

War ma' dhulbahante ba raggani ? qaar ba jira ii abti ah oo Kenya iyo Tanzania mashruucyo khatar ah ku leh .

PS: I am using qabil here in order to ID some folks , that's all .

[greenday]

building another man's world

Let them make money and get experience, its going to benefit us in the end

[mahdi01]

The only thing Somalis have today is money, but they are not investing their homelands because of fear, and every markets in Africa and middle east is taking advantage of them, my last trip in Kenya I was shocked the amount of money these dumb reer koonfureed are investing in Kenya, there are upper class enclave neighborhoods in Nairobi and Mombasa suburbs that exclusively targeting the Somali community, near the Nairobi Airport there was this large empty land that I was told all of the properties were already sold to Somali people before they even started building it, the same thing is happening in Uganda, and Tanzania.

Somalis are throwing several billions of Dollars in Kenya and other east African countries, if they invested that money in Somalia most of the people would have enough jobs to sustain their lives and the war may ended.

[Monk-of-Mogadishu]

building another man's world

Dumb topic. When this is in Xamar or Gaalkacyo tell them to let us know, otherwise nobody gives a shit.

[Estarix]

The only thing Somalis have today is money, but they are not investing their homelands because of fear, and every markets in Africa and middle east is taking advantage of them, my last trip in Kenya I was shocked the amount of money these dumb reer koonfureed are investing in Kenya, there are upper class enclave neighborhoods in Nairobi and Mombasa suburbs that exclusively targeting the Somali community, near the Nairobi Airport there was this large empty land that I was told all of the properties were already sold to Somali people before they even started building it, the same thing is happening in Uganda, and Tanzania.

Somalis are throwing several billions of Dollars in Kenya and other east African countries, if they invested that money in Somalia most of the people would have enough jobs to sustain their lives and the war may ended.

Their needs to be peace, security and a proper government which can cooperate and fund; in Somalia before development anywhere near the scale of this project happens. The primary reason why Somalis are running away from their native country and are investing and building places such as Eistleigh is also for the above reasons. Did you know there are more Ethiopian doctors working in Chicago than there are in Ethiopia.

This is a grand property project driven by Somalis its worth a mention me thinks.

[The_Patriot]

building another man's world

caqli xumoda somali, wadaninimo male.

They are sijuis so you expect them to built xamar unukah leh?

[Lamagoodle]

I suspect this another scum ! I recall years back when somalis in the diaspora were told about investment opportunities in UAE; they bought a pig in a bag; they fell for the fake pictures and the few faataxas from the cheats.

It was the case in Kenya; various so called wadaads started a real estate scum businesses .

Beware of frauds and buy a property in the west because you have strong institutions that promote property rights.