Chinese to help build new port
Tanzania had signed a framework agreement with China Merchants Holdings (International) for the construction of a new port, special economic zone and railway network that could involve more than $10 billion (R100bn), the government said last week. A senior official said talks were under way with the Chinese government on funding of the project, located 75km north of Dar es Salaam. The government has said a new port in Bagamoyo would relieve pressure on the Dar es Salaam port, the largest in east Africa after Kenya’s Mombasa. Deputy Transport Minister Charles Tizeba said: “The entire cost for the construction of a new port, economic processing zone, railway network and other infrastructure at Bagamoyo is $10bn.” – Reuters
Tanzania had signed a framework agreement with China Merchants Holdings (International) for the construction of a new port, special economic zone and railway network that could involve more than $10 billion (R100bn), the government said last week. A senior official said talks were under way with the Chinese government on funding of the project, located 75km north of Dar es Salaam. The government has said a new port in Bagamoyo would relieve pressure on the Dar es Salaam port, the largest in east Africa after Kenya’s Mombasa. Deputy Transport Minister Charles Tizeba said: “The entire cost for the construction of a new port, economic processing zone, railway network and other infrastructure at Bagamoyo is $10bn.” – Reuters
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