Tanzania’s Bagamoyo Port: US$10 billion Construction underway
Tanzania’s Bagamoyo Port: US$10 billion Construction underway Tanzania started construction work on a new $10 billion port aimed at transforming the country into the regional trade and transport hubby capitalising on growth and seeking to exploit new oil and gas discoveries. The project is backed by China and Oman and marks the most significant event in Tanzania-China relations over the past four decades. It is expected to take ten years to complete, although the number of ph