What Dubai Firm Deal With Dar es Salaam Port Means for Tanzania
Tanzania has signed an agreement with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years. The concession agreement was signed at the Chamwino State House in Dodoma by Tanzania Ports Authority (TPA) Director General, Plasduce Mbossa and Group Chairman and Chief Executive Officer (CEO) of DP World, Sultan Ahmed Bin Sulayem in the presence of President Samia Suluhu Hassan.
The deal previously opposed by Tanzania opposition and rights groups was awarded to DP World to optimize the port's operations to improve transport and logistics services.
CEO of DP World, Sultan Ahmed Bin Sulayem said the improved port infrastructures will enable Tanzania to further accelerate realisation of the African Continental Free Trade Area (AfCFTA) by cutting costs of transporting goods to and from the neighbouring countries.
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(File photo) keywords: ship, shipping, containers, transport, trade.