The envisaged port of Bagamoyo will have no competitor along the eastern Africa Indian Ocean because it will handle fourth generation ships, the government has said.
Yesterday Industry and Trade Permanent Secretary Uledi Musa dismissed fears of the new port facing stiff competition from other ports in the region as unfounded.
He said in Dar es Salaam that the US$10 billion harbour will not be competing with the ports of Djibouti, Mombasa, Dar es Salaam, Beira and Durban because it will handle only mega ships.
“Kenyans had that fear that Bagamoyo port will compete with Mombasa and locally people had fears that Dar es Salaam port will compete with Bagamoyo but I told them it’s not true,” Musa told participants to an Export Processing Zones Authority (EPZA) and TIB Investment Bank meeting. Read more. Source | IPP Media
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