Tanzania port deal latest step as Adani increases its global footprint
Adani Group, India’s largest port operator, continues to vigorously pursue its ambitious goal to become ...
© Per Björkdahl | Dreamstime.com - Dar es Salaam port
The World Bank is to fund expansion of Dar es Salaam port with a $305m investment, reports Reuters. According to the bank, inefficiencies at Tanzania’s main port is costing the country and its neighbours up to $2.6bn a year. The investment would not only help tackle these inefficiencies but also increase capacity from 15m tonnes to 28m tonnes by 2020.
Comment on this article