Tanzania partners up with China in a new $154 million deal

By Catherine Sturman
Share
Tanzania has recently awarded China Harbour Engineering Company (CHEC) the deal to expand the region's...

Tanzania has recently awarded China Harbour Engineering Company (CHEC) the deal to expand the region's main shipping port in Dar es Salaam.

China has placed significant investment within Africa as part of its growing relationship, alongside China’s increased status within the construction industry and Dar es Salaam’s growing prosperity within Africa, with a number of cultural and entertainment facilities for tourists amidst a number of growing business opportunities.

Funded by the World Bank, the project will support the region’s ambition to become an increased trading hub and provide increase collaboration with suppliers and companies worldwide.

“Deepening and strengthening of the berths will allow big container ships to dock in Dar es Salaam,” said Makame Mbarawa, Works, Transport and Communications Minister at the signing of the contract. “All these efforts are being done in order to increase competitiveness of the port.”

The contract incorporates the excavation and bolstering of seven berths at the port, enabling it to increase the current container output to 28 million tonnes per year.

With the aim to complete the project by 2020, China has pledged to invest approximately $60 billion into Africa’s infrastructure systems, with the aim to strengthen and bolster rail and road systems to ensure a positive boost to the local economy in areas such as oil and gas, providing benefits to neighbouring countries.

To support Tanzania further Uganda is also aiming to work in collaboration with the region to incorporate electric railway lines within their standard gauge railway transport network.

 

Share

Featured Articles

Interos: Building Trusted and Transparent Supply Chains

Interos, the supply chain risk intelligence company, has received a huge boost in the form of a US$40m investment from Blue Owl Capital

Kinaxis: The 'Customers' Choice' for Supply Chain Planning

Kinaxis has been recognised as a Customers’ Choice in the 2024 edition of Gartner’s ‘Voice of the Customer’ for Supply Chain Planning Solutions

Why Coupa has been Named a Supply Chain Leader by Forrester

Coupa has been named a Leader in The Forrester Wave: Collaborative Supply Networks, Q4 2024, demonstrating its prowess facilitating supplier collaboration

Trick or Treat: Inside the $11.6bn US Halloween Supply Chain

Operations

Why Vanderlande has Agreed to Acquire Siemens Logistics

Logistics

Procurement & Supply Chain LIVE: Sustainability – The Agenda

Sustainability