{"id":312846,"date":"2025-09-13T15:29:25","date_gmt":"2025-09-13T07:29:25","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=312846"},"modified":"2025-09-13T15:29:25","modified_gmt":"2025-09-13T07:29:25","slug":"saudi-construction-giant-eyes-tanzanias-booming-infrastructure-market","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=312846","title":{"rendered":"Saudi construction giant eyes Tanzania\u2019s booming infrastructure market"},"content":{"rendered":"\n
\"Mabani
Mabani Holding CEO Eng. Faris Mudathir<\/figcaption><\/figure>\n\n\n\n

ALGIERS,<\/strong>\u00a0Sept 13 (NNN-DAILYNEWS) — Mabani Holding Group<\/a>, a Saudi-based construction and real estate company, has set its sights on Tanzania as its next major investment destination, citing the country\u2019s fast-growing demand for modern infrastructure and housing.<\/p>\n\n\n\n

Speaking on the sidelines of the Intra-African Trade Fair (IATF2025) in Algiers, Mabani Holding CEO Eng. Faris Mudathir said the company is already backed by the Saudi Exim Bank and the Saudi Fund for Development, institutions that are keen to finance large-scale projects across Africa.<\/p>\n\n\n\n

\u201cWe are interested in working in Tanzania,\u201d Mudathir said. \u201cThe ports need rehabilitation, and there is high demand for infrastructure and buildings. We see Tanzania as a promising area for the future and we want to be part of that growth.\u201d<\/p>\n\n\n\n

Mabani, which has operated in the construction and building materials sector since 1996, specializes in turnkey projects\u2014from design to delivery\u2014covering residential, commercial and industrial developments. The company has built a strong portfolio in Saudi Arabia, including work on the kingdom\u2019s mega-projects such as Neom, the Red Sea and Qiddiya, giving it experience in delivering large developments on tight deadlines.<\/p>\n\n\n\n

Mudathir said that experience is now being adapted for Africa. \u201cIn Saudi Arabia we completed a G+5 building of about 3,000 square meters in just 90 days. We plan to transfer this technology and management expertise to African markets,\u201d he explained.<\/p>\n\n\n\n

While Mabani has not yet broken ground in Tanzania, the company has started operations in Johannesburg, South Africa, where it is finalizing a 150 million US dollars residential project of 2,700 units, part of a planned 1 billion US dollars, 10-year pipeline.<\/p>\n\n\n\n

Mudathir said the group is looking for both government and private-sector partnerships in Tanzania, emphasizing the need for local partners with strong ties to the market and government. \u201cNo one can do everything alone. We need partners who understand the local market and can align with our vision,\u201d he said.<\/p>\n\n\n\n

He added that Mabani\u2019s approach focuses on affordable housing and sustainable construction. \u201cWe keep profit margins low to deliver projects that change people\u2019s lives,\u201d Mudathir noted.<\/p>\n\n\n\n

Mabani plans to start with a medium- or large-scale project to \u201ckick off the work\u201d and then build a pipeline of projects in Tanzania. \u201cIf there is demand, we should start first,\u201d Mudathir said, adding that the goal is a long-term presence that will strengthen economic ties between Saudi Arabia and Tanzania. — NNN-DAILYNEWS<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

ALGIERS,\u00a0Sept 13 (NNN-DAILYNEWS) — Mabani Holding Group, a Saudi-based construction and real estate company, has set its sights on Tanzania as its next major investment destination, citing the country\u2019s fast-growing demand for modern infrastructure and housing. Speaking on the sidelines of the Intra-African Trade Fair (IATF2025) in Algiers, Mabani Holding CEO Eng. Faris Mudathir said […]<\/p>\n","protected":false},"author":11,"featured_media":312847,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[213,217],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/312846"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=312846"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/312846\/revisions"}],"predecessor-version":[{"id":312848,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/312846\/revisions\/312848"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/312847"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=312846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=312846"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=312846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}