The Watumishi Housing Company is setting out to construct 1000 residential properties in Lindi, Mwanza, Mtwara, Dodoma and Dar-es-salaam regions of mainland Tanzania.
Having emerged the winner of the Best Property Developer of the year 2023, Award the Watumishi Housing Company-Real Estate Investments (WHI) now lays foundation for the second phase of the ongoing Public Servant Housing Scheme (PSHS) project.
Now the Watumishi Housing Company Real Estate Investments’ project Mark II focuses on the construction of a total of 1000 units in different regions, across the country.
Over 90 such residential housing units are to be constructed at Mikocheni area of Dar-es-salaam.
The WHI Executive Director Dr Fred Msemwa explains here that the first phase of their housing scheme, which was completed in 2014, saw the state-owned company building over 1003 housing units for public servants.
“It is now our intention that the second phase of the housing project will help to improve the availability of houses among civil servants in the country, ” he said.
The new capital city of Dodoma where most of the government institutions are shifting to, seems to be the first priority in the Watumishi Housing Scheme’s strategy.
And the Watumishi Housing Investments seems to be doing well in the real estate industry, because the African Company of the Year Awards (ACOYA) awarded the company the best Property Developer of the year 2023 accolade.
WHI excelled under the category of public institutions, among other six entries, during the Awards Gala which was organized by the East Africa Consulting Group Company.
The Head of WHI Communications Unit, Ms Mary-Jane Kawaia said the award is a living proof as far as the company’s mission to attain excellence in the construction sector on the continent.
As explained before the Watumishi Housing Investments (WHI) has managed to accomplish the project of 1003 housing units within the last nine years at the rate of 112 properties per annum.
In the current fiscal year 2023/24 the firm is planning to invest 11 billion/- in the construction of 90 residential housing units in the Mikocheni area of Dar es Salaam, with properties set to be ready for ownership by the end of 2025.