CHINA-DAR-ES-SALAAM: CHINA GETS APPROVAL FOR BAGAMOYO PORT
Tanzania has officially submitted its letter of approval on April 24, 2018 for the Bagamoyo Special Economic Zone venture to China Merchants Port, agreeing and accepting the investor’s comprehensive project proposal. The move officially sets in motion construction plans of Bagamoyo Port. The Bagamoyo port and its affiliate industrial zone is meant to address congestion at the old port and support Tanzania to become East Africa’s leading shipping and logistics centre. The port is located about 75 kilometres from Dar es Salaam and 10 kilometres from Bagamoyo town.
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