Dar es Salaam, Feb. 3 -- ZANZIBAR : ZANZIBARS real estate sector is experiencing a significant surge in investment, with 30 per cent of the 430 projects registered in the past four years dedicated to property development.

This growth underscores the rising demand for real estate in the Isles. The Minister of State, Presidents Office–Economy and Investment, Mr Sharif Ali Sharif, said over the weekend at the launch of Coldwell Banker Internationals operations in Zanzibar.

He said that the arrival of the company will stimulate economic growth through the real estate sector.

“We have improved our policies and laws, enhanced service delivery systems, including the issuance of permits and introduced incentives to attract investor...