13.9 C
Hamburg
Monday, June 17, 2024
Home Port News Tanzania invites global investor to take over operations at port of Dar...

Tanzania invites global investor to take over operations at port of Dar es Salaam

The government of Tanzania plans to start a process of finding a global investor to run operations of the country's major port of Dar es Salaam.

According to Tanzania's Minister of Works and Transport, Makame Mbarawa, the preferred investor should meet international standards to be able to make the port more competitive.

More specifically, the investor must be an international company with a proper network and vast experience in the shipping industry as well as capable of securing new markets, as Mbaeawa stated.

Mbarawa said using the private sector in the operations of the port is a phenomenon that is unavoidable in the current world where many countries have invested in private companies to run port operations.

In fact, the members of parliament had earlier in the day urged the government to privatise operations of Dar es Salaam port to enhance its efficiency.

He also added that Tanzania has no reason to fear when it came to involving the private sector in the operations of the port, adding that countries that are using the private sector in running their ports have recorded huge success.





Latest Posts

ThebiggestFuture Reviews: A Comprehensive Review of Your Forex Trading Partner

In this The Biggest Future review, we will explore the features and benefits of using this forex trading platform. The Biggest Future offers a...

In-Depth SpiderTrex.com Review: Comprehensive Insights into the Forex Broker

This SpiderTrex.com review is vital for anyone considering engaging in Forex trading with this platform. In this SpiderTrex.com, we will provide an in-depth look...

Comprehensive PhenixTrustLtd.com Reviews: An In-Depth Look at the Forex Broker

This PhenixTrustLtd.com review is essential for anyone considering engaging in Forex trading with this platform. In this PhenixTrustLtd.com, we will provide an in-depth look...

Comprehensive SunTrustLtd.net Reviews: A Detailed Guide to the Forex Broker

SunTrustLtd.net reviews is crucial for anyone considering engaging in Forex trading with this platform. In this SunTrustLtd.net, we will provide an in-depth look at...

Detailed GoldMaxis.com Reviews: Everything You Need to Know About This Forex Broker

GoldMaxis.com reviews is crucial for traders seeking a reliable and comprehensive Forex trading platform. In this GoldMaxis.com, we will explore the various features, services,...