Tanzania: Bulgarian investors to build four modern 5-star hotels in Tanzania

Bulgarian investors are expected to invest in Tanzania’s hotel sector by constructing four five-star hotels in Serengeti National Park, Lake Manyara, Tarangire and Ngorongoro.

This was revealed to parliamentarians in Dodoma on Friday by Minister Pindi Chana when tabling the tourism and natural resources spending plan for the next fiscal year.

Explaining why Bulgarian investors have decided to focus on the country’s tourism sector, Dr Chana said a recently released film about the royal tour played a pivotal role in attracting financiers.

“More than 30 tourism agencies from the United States, France and Lithuania have been motivated to purposely visit the country to learn and experience the country’s vast tourist destinations,” the minister said.

In tabling his ministry’s financial plan for the fiscal year 2022/2023, Dr. Chana asked lawmakers to approve 624.14 billion/- which will be used to implement various activities.

Disaggregating the figure, she said a total of 443.7 billion/- will be earmarked for development projects while 180.4 billion/- has been set aside for recurrent expenditure.

On the other hand, the minister mentioned some challenges facing the tourism sector, such as human-wildlife conflicts, fires and invasion of protected areas.

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