Construction works on Tanzania?s US $10bn Bagamoyo Port project stalls

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Construction  works on US $10bn Bagamoyo Port project in Tanzania has stalled after China and Tanzania disagreed on terms of infrastructure investment.

Diretor Geral da estatal Autoridade Portuária da Tanzânia (TPA), Deusdedit Kakoko confirmou os relatórios e disse que lhes foram dadas condições comercialmente inviáveis, que rejeitaram.

“ We have rejected China’s offer and told them let’s meet halfway because it will lead to a loss. The Tanzania Government has officially written to the Chinese port operator on the disputed terms. We are still waiting for them to begin fresh talks when they are ready, we will resume negotiations,” said Kakoko.

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Porto de Bagamoyo

Bagamoyo Port project was signed in 2013 by former President Jakaya Kikwete and Chinese President Xi Jinping when he visited the country. It is also supported by Oman’s State General Reserve Fund.

China Merchants Holdings Internacional, China’s largest port operator and Tanzania signed a framework agreement to construct the port and a special economic zone which seeks to transform the country into a regional trade and transport hub.

The company through a statement said that many years of negotiating with Tanzania bore no fruits. “The project is fully commercial and China Merchants Port have always followed principles of commercial feasibility and a win-win cooperation,” the company stated.

The port, to be built 75 KM North Dar Es Salaam will connect with Kenya’s Mombasa port which is 300 KM away and will include an industrial zone, link roads and rail transport. Construction works include building of a 34 kilometer road joining Bagamoyo and Mlandizi and 65 kilometers of railway connecting Bagamoyo with the Tanzania-Zambia Railway (TAZARA) and Central Railway.

Estima-se que o megaprojeto leve cerca de 30 anos para ser construído e atingir todo o seu potencial. O porto terá capacidade para movimentar vinte vezes mais carga do que o porto da capital da Tanzânia, Dar es Salaam, o maior porto do país.