Functions of the Corporation
To achieve the overall function, the Act stipulates the following areas that the Corporation shall engage in:
a) The construction of houses or other buildings for lease or sale on such terms as the Corporation may determine;
b) Maintaining the existing buildings which were prior under the Department before the establishment of the Corporation;
c) To lease and collect rent from the lessee and collect other monies raised from other activities of the Act;
d) The provision or facilitating the provision of building materials and other related materials, whether through the establishment of factories or subsidiary companies or in any other way;
e) The business of building contractors, building supervision and consultant;
f) The business of real estate managers in respect of properties owned by the Corporation by any other person on agreed terms;
g) Any other activities related or incidental to the construction of houses or other building, management of estate, and management of the affairs related to building and houses built or acquired by the Corporation or otherwise transferred to it by or under this Act;
h) Master developer task by acquiring tracks of land, plan such land, develop infrastructure, design project and sale part of the project to other developers as Corporation deemed appropriate an according to this Act;
i) Undertaking housing upgrading and development of formal an informal settlement;
j) Establishment of land reserve for smooth, future construction works, land for such purpose shall be acquired, planned and service for housing development in all regions of Zanzibar as the case may be;
k) In cooperation with Zanzibar Investment Promotion Authority, to identify suitable investors either individuals or body corporate in the construction of houses under partnership or joint venture agreement;
l) Disposing of dilapidated and condemned properties in a manner that is beneficial to the Corporation; and
m) Performing such other activities as may be directed by the Board.
