The minister for East African Cooperation, Dr Diodorus Kamala, has expressed government satisfaction on the progress recorded in the construction of the Aga Khan University.
The new university, which will cater for students from across East Africa, is being built at Manyara Estate, a suburb of Arusha City.
Speaking after inspecting the ongoing construction, Dr Kamala said he was pleased that the work has been going on as planned.
He said construction of the university is a demonstration of the growing relations and cooperation among East African Community (EAC) member states.
He asked other investors to think of putting their money in the education area, which has great growth potential.
The minister said that there were a lot of financial institutions which were ready to provide loans to finance investments in the education sector.