NHC ASSETS HIT 5 TRILLION, PLANS JOINT VENTURES

NHC Director General, Nehemiah Mchechu.

National Housing Corporation (NHC) total assets value peaked at TShs. 5.04 trillion as of 30 June 2022 as a result of implementation of various projects.

NHC Director General, Nehemiah Mchechu made this observation at a press briefing in Dar es Salaam yesterday, setting out the Corpooration's performance and annual financial statements.

Financial statements from accounts audited by the Controller and Auditor General (CAG) show that NHC's total assets value grew at 12 per cent annually since 2019, he said, noting that the balance sheet includes assets like buildings and titled land it is yet to develop.

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