Industry News

Dar Es Salaam port upgrade will cost $690 million

Date:2016-05-03 Source:Darun

According to the mainstream media, "Daily News" reported on May 3rd, the Port Authority Deputy Director Tan said, in order to improve the processing ability of the port container, the bank has provided $600 million in loans, trademark organizations and international development agencies in East Africa $30 million, Tanzania port authority to raise the remaining $60 million, up to the port of maintenance and reconstruction. Over the past five years, the port cargo throughput increased at an average annual rate of 9%, is expected in 2030 will be increased from 2014/15 in to 38 million tons.