Market News
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Kisarawe dry port coming soon
Posted on :Monday , 11th May 2015
A private cargo handling and logistics company, DSM Corridor Group Ltd, has started construction of a dry port in Kisarawe district, 40km from Dar es Salaam port. The project will cost a total Tsh32.8 billion ($17 million).
According to DSM chief executive officer Erik Kok, the move is aimed at reducing congestion at the Dar es Salaam port.
“The multipurpose . . .Firm pledges US$ 27b for Mwambani Corridor in Tanzania
Posted on :Thursday , 30th April 2015
Brookwoods Capital, a privately held equity firm will be investing US$ 27b on the construction of Tanzania’s Mwambani Port and Railway Corridor (Mwaporc) project in Tanga, which is set to be one of the region’s largest development corridors.
Construction of Mwambani Port and Railway Corridor (Mwaporc) is set to help in the direct shipping of goods from international p. . .Tanzania: U.S. $590 million Dar es Salaam Port upgrade works begin
Posted on :Tuesday , 28th April 2015
Dar es Salaam — Civil works have started on the $593 million upgrade of Dar es Salaam port involving financing by both bilateral and multilateral donors and overseen by TradeMark East Africa, the non-profit consultancy.
Philippe Dongier World Bank Country Director for Tanzania, Uganda and Burundi said last week the event is happening at the right time when the World Bank to. . .China responsible for 31% of infrastructure projects in East Africa, says Deloitte
Posted on :Friday , 13th March 2015
Deloitte East Africa has released a report showing that China is responsible for building 31% of all infrastructure projects in East Africa in 2014. This went up as compared to the 19% in 2013.
AFDB to fund construction of Egyptian Airport
Posted on :Friday , 20th February 2015
The Sharm El-Sheikh International airport has received US$140 million from the African Development Bank (AFDB) to facilitate its expansion project.
The expansion involves constructing a new terminal (terminal 3) and a runway in order to increase the passengers handling capacity by 10 to 18 million per year.Sharm El- Shark Intern. . .Please Select an Option
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