Tanzania starts USD10b port construction backed by Oman
Date
10/18/2015 7:55:46 AM
(MENAFN) Tanzania started construction work on a USD10 billion port and special economic zone, a project backed by China and Oman that aims to transform the country into a regional trade and transport hub.
The port, which will be Tanzania's biggest, is being built at Bagamoyo, 75km (47 miles) north of Dar-es-Salaam, the commercial capital that is currently the site of the country's main port.
"The construction of the Bagamoyo port and a special economic zone is aimed at realizing the government's goal of bringing about an industrial revolution in Tanzania," President said.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.