With $11bn Bagamoyo port, Tanzania prepares to take on EA hub Mombasa
Saturday May 11 2013
Dar es Salaam port, which will be upgraded to allow more traffic. Experts predict a shift in the flow of trade from Kenya to Tanzania after the latter announced major infrastructure projects. Photos/FILE Nation Media Group
The $11 billion Bagomoyo port will be bigger than the Dar es Salaam and Mombasa ports, tilting the scales of regional trade in favour of Tanzania.
Economists, business executives and trade experts say with the ongoing mega infrastructure projects, the region can expect a major shift in the flow of trade, with Tanzania set to have four ports by 2017, when Kenya will have only two.