Dar port can con­vert TZ into trade hub

East African Business Week - - FRONT PAGE - BY DAMAS MAKANGALE

DAR ES SALAAM, TAN­ZA­NIA - Tan­za­nia should open up its Dar es Salaam port to trudge cargo vol­ume, ex­pand and build new trans­port links to make Tan­za­nia a re­gional hub while turn- ing the coun­try as Dubai of East Africa, the East African Busi­ness Week can re­port.

“The Dar es Salaam port is an en­gine for eco­nomic growth, if we in­vest in lo­gis­tic cen­ters, im­prove on in­fra­struc­ture and cre­ate a fa­cil­i­ta­tive en­vi­ron­ment, we can eas­ily turn Dar es Salaam into an­other Dubai of its kind in East Africa,” said Tan­za­nia China Mining As­so­ci­a­tion

Chair­man Su­per­in­tended An­drew Huang. The fifth phase gov­ern­ment un­der Dr. John Pombe Magu­fuli has a chance to use ef­fec­tively the Dar es Salaam port to in­crease 100% of the coun­try source of revenue to foster the city to be­come a Dubai of the East Africa re­gion. Speak­ing to East African Busi­ness Week ex­clu­sively, An­drew Huang said the mea­sures taken by Pres­i­dent Magu­fuli have re­moved bu­reau­cratic hur­dles hence pro­mote cargo vol­umes from neigh­bor­ing coun­tries and abroad. He said it is easy to at­tract all large in­vestors and make Dar es Salaam a huge fi­nan­cial cen­ter by al­low­ing and en­cour­ag­ing colos­sal banks to in­vest and con­duct fi­nan­cial busi­ness and mar­ket in the coun­try. Huang noted the city of Dar es Salaam de­served to have well-con­structed roads, rail­ways to the cen­tral line, build­ings, malls and fast track it as a satel­lite city ready for mas­sive in­vest­ment from in­ter­na­tional busi­ness peo­ple. Tan­za­nia, just like its neigh­bor Kenya, wants to cap­i­tal­ize on a long coast­line and up­grade ex­ist­ing rick­ety rail­ways and roads to serve grow­ing economies in the land- locked heart of Africa from Uganda on its north bor­der to Malawi in the south. But for some­times the pace of progress had been held back by red tape, while ex­perts said ex­ist­ing trans­port links were crum­bling or in­ef­fi­cient, in­clud­ing the Dar es Salam port where ves­sels often wait days to dock, driv­ing up costs to im­porters. Three years ago, Tan­za­nia signed a frame­work deal with China Mer­chants Hold­ings (In­ter­na­tional) Co (0144.HK) to build a new port, spe­cial eco­nomic zone and rail­way net­work that could in­volve more than $10 bil­lion (Tsh.22 tril­lion). The Port of Dar es Salaam is the prin­ci­pal port serv­ing Tan­za­nia and the port is one of three ocean ports in the coun­try and han­dles over 90% of the coun­try’s cargo traf­fic. Ac­cord­ing to the In­ter­na­tional As­so­ci­a­tion of Ports and Har­bors, it is the fourth largest port on the African con­ti­nent’s In­dian Ocean coast­line af­ter Dur­ban, Mom­basa and Ma­puto. The port acts as a gate­way for com­merce and trade for Tan­za­nia and nu­mer­ous bor­der­ing land­locked states and for years the in­ef­fi­cien­cies at the port has cost the re­gional econ­omy mil­lions of dol­lars; in 2012 the to­tal global wel­fare loss caused by the in­ef­fi­cien­cies of the port stood at $1.8 bil­lion for the Tan­za­nian econ­omy and $830 mil­lion for the neigh­bor­ing coun­tries. Tan­za­nia’s largest com­mer­cial city Dar es Salaam one of the fastest­grow­ing in Africa has re­drawn its mas­ter plan to try to be­come a megac­ity pre­pared for cli­mate change, and not a city of wors­en­ing ur­ban sprawl and flood­ing. The plan, which looks ahead to 2036, aims to trans­form the city of over 4.5 mil­lion peo­ple and pro­poses cre­ation of a Met­ro­pol­i­tan De­vel­op­ment Author­ity to over­see plan­ning and ma­jor in­fra­struc­ture de­vel­op­ment, in­clud­ing trans­porta­tion and util­i­ties.

The Port of Dar es Salaam is the prin­ci­pal port serv­ing Tan­za­nia and the port is one of three ocean ports in the coun­try and han­dles over 90% of the coun­try’s cargo traf­fic.

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