Consider waiving VAT on housing projects: Z’bar VP

Dar es Salaam. Zanzibar’s Second Vice President Ambassador Seif Ali Iddi has said that there is a need for the government through the Ministry of Lands, Housing and Human Settlement Development to look into the possibility of waiving Value Added Tax (VAT) to the local housing investors in an attempt to ensure that Tanzanians get the best accommodation.

Ambassador Iddi made the remarks at the weekend when launching Hamidu City Park housing project. Through the project, Orange Tanzania Limited Company eyes to construct 1,560 modern houses for sale in Kigamboni.

Tanzania charges VAT on housing.

He further insisted on the need to have urban planning that favours all Tanzanians instead of segregating them on the basis of their levels of income.

“A great city is one where we all feel not excluded. Therefore we don’t need cities that create different groups depending on a depth of pocket,’’ he insisted.

He launched the first 20 houses that have already been finished, congratulating Mr Hamidu Mvungi, the director of Orange Tanzania Limited for his patriotic investment in his motherland. Ambassador Idd also encouraged Tanzanians to tap the opportunity by buying the modern houses owned by the company.

He said he would be the first person to purchase a house at Hamidu City Park so that after his retirement he stays in Kigamboni.