Mwanza Masterplan Catalytic Projects

N/A

Amount Raised

N/A

Total Investors

Project Overview

The project studies five possible catalytic projects in the city of Mwanza, Tanzania to transform the city into a vibrant tourist hub with a robust economy and quality public facilities. The projects will identify the area demarcated for redevelopment and conduct an economic analysis for the proposed sites and development regulations. The five projects include-
• An Active Recreational Lakefront
• A Multi-modal Transit Hub
• A new Market and City Park
• A BRT Corridor
• And a Mixed-use Riverfront Development.

Sectors

  • Transport & Mobility
US$400,000,000
Funding Goal
Tanzania
Country
Africa
Region

Objectives

  • Revision of spatial strategy, with individuation of potential new sub-phases (if necessary)
  • Revision of financial strategy
  • Updates and verification of costs, investment returns and revenue potential
  • References/case studies of similar projects developed.

Progress Tracker

Phases

  • Phase 1 (Completed)

    Phase 1 includes a feasibility study to translate the vision into an implementable plan for the transformation of the city starting from the five listed projects. The first phase includes a spatial and economic analysis for each site along with a mapping of potential investors. The next phase will include engaging the investors for a detailed financial analysis and study of most appropriate financial mechanisms to kick start the projects on the ground with detailed site plans and legal processes.

  • Phase 2

    N/A

Current Stage

Concept Stage: Specific projects are identified and conceptualized. There exists a basic economic model.

Timeline

No timeline.

Project Milestones

N/A.

ESG Impact

Not provided

Beneficiaries

The direct beneficiaries of this project are the residents of Mwanza living in the city center. The target population includes residents, migrants, people of all ages and income groups and the expected population of the city center by 2035 is projected to be about 100,000.

SDG Goals

SDG 1: No PovertySDG 2: Zero HungerSDG 3: Good Health and Well-beingSDG 4: Quality EducationSDG 5: Gender EqualitySDG 6: Clean Water and SanitationSDG 7: Affordable and Clean EnergySDG 8: Decent Work and Economic GrowthSDG 9: Industry, Innovation and InfrastructureSDG 10: Reduced InequalitySDG 11: Sustainable Cities and CommunitiesSDG 12: Responsible Consumption and ProductionSDG 13: Climate ActionSDG 14: Life Below WaterSDG 15: Life on LandSDG 16: Peace and Justice Strong InstitutionsSDG 17: Partnerships to achieve the Goals

Rationale

SDG 11 – Sustainable Cities and Communities

The project through the 5 listed developments aims to create sustainable cities and communities by improving the quality of life of the residents by increasing quantity and improving access to public open spaces, economic opportunities like markets, public transportation integrating different modes, increasing community amenities and housing through increased density, creating complete streets with a safe pedestrian realm, and a compact urban form which is sustainable.

Risks and Limitations

What are the key risks, constraints and dependencies related to the project?

The plan is a vision for 2035, so the projects focus on the longer-term impacts. However, the projects can be implemented in phases, allowing smaller, key projects to be implemented first triggering development in the targeted areas.

Risk mitigation and continuity

N/A

Financing

Type of Investment

Grants

Financing Structure

Public Private Partnership

Secured Investment

No physical investment done yet.

Committed Government Funding

No.

National and Subnational Investors

N/A.

Committed Private Funding

No.

Support

Technical Support Required

N/A.

Stakeholders

Governmental Buy-in

Yes. Subnational/regional level, Other.

Other Forms of Governmental Support

Mobilizing resources for feasibility studies and showcase at WUF to attract investors

National Ministries Involved

N/A.

SubNational Ministries Involved

John Mongella, Regional Commissioner of Mwanza Province

Other Entities Involved

UNDP Resident Representative for Tanzania Christine Musisi

Licenses and Permits

No

Updates

  • 10th February 2020

    Cities Investment Platform in progress - updates pending

  • 10th February 2020

    Project featured on the Cities Investment Platform, which was launched at the Tenth Session of the World Urban Forum (WUF10)

Supporting Documents

No supporting documents included.

FAQs

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