Bagamoyo Port

Overview:

• Bagamoyo Port.
• China Merchant Holdings International (CMHI) and State General Reserve Fund of Oman are funding and developing a new port at Bagamoyo and an adjacent special economic zone.
• The port, when complete, will be the biggest port in East Africa handling 20 million containers a year and will also represent the region's biggest single investment.
• CMHI is responsible for the construction of the port itself with Omani contractors constructing the special economic zone.
• Financing is being provided in part by African Legal Support Facility.
• Construction was set to begin in 2015 with a completion date for the first phase set for 2017 however the project has been hit by delays and the Tanzania government had to issue a statement in May 2016 denying reports that the project had been shelved in favour of expanding existing ports.
• The completed port is set to compete with a new port development at Lamu in Kenya.

Sam Duke - Editor