Mombasa Port Has A New Rival
Tanzania is building a new port that might challenge Mombasa Port’s status as the shipping, logistics and distribution hub of East Africa.
Located about 75 kilometres from Dar es Salaam and 10 kilometres from Bagamoyo town, the new Bagamoyo Port, which upon completion is expected to be the largest in East Africa, is expected to be fully operational between 2020 and 2021.
Construction of the port is being carried out through a collaboration of China and Oman. Also to be constructed around Bagamoyo area are over 190 industries, including the manure processing plant that will be put up by the government of Oman.
The new port will handle cargo coming from several landlocked countries in East Africa and beyond (Rwanda, Burundi, Malawi, Zambia, and the Democratic Republic of the Congo (DRC), improving Tanzania’s trade infrastructure is critical for the region’s success.
When fully developed, the Bagamoyo Special Economic Zone will attract about 700 industries to become a strategic investment zone in East Africa.
The Bagamoyo port and its affiliate industrial zone will ease congestion at the old port and support Tanzania to become East Africa’s leading shipping and logistics centre. The Bagamoyo Special Economic Zone that is expected to attract about 700 industries and become a strategic investment zone in East Africa.
About 190 industries, including a fertiliser processing plant, will be put up by the government of Oman around the port.
The Bagamoyo port and its affiliate industrial zone are meant to address congestion at the old port and support Tanzania to become East Africa’s leading shipping and logistics centre.
Tanzania is the second-largest economy in the EAC and boasts one of Africa’s most stable democracies. Known for its vibrant tourist industry, Tanzania has significant mineral wealth and strategic location.