PUBLISHED ON September 15th, 2014

Dar port improvement pact inked

Dar es Salaam: Tanzania has signed a Memorandum of Understanding (MoU) with a Coalition of Development Partners, including the World Bank, the United Kingdom’s Department for International Development, and TradeMark Africa for the development of the Dar es Salaam port.

The agreement, which was signed yesterday in Dar es Salaam, will see development partners releasing $565million (about Sh800 billion) to facilitate the deepening and strengthening of berths 1-7, the dredging of the entrance channel and turning basin at the Dar port, the construction of a new berth and roll on-roll off terminal, and improvements in the spatial efficiency and operational effectiveness.

World Bank Group Managing Director Sri Mulyani Indrawati witnessed the signing. The signing ceremony was also attended by Transport minister Dr Harrison Mwakyembe.

Source URL: The Citizen

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