Geza Ulole
JF-Expert Member
- Oct 31, 2009
- 65,136
- 91,917
The pillars below looks familiar! 😀
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The pillars below looks familiar! 😀
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Is the same company that will own Bagamoyo port.... atleast the sri lankas got paid for it! You gave yours for free in the guise of "investment"
Hio campuni wanacheka Tz kila siku huko kwa boadroom vile waliweza kuchukua Bagamoyo kwa urahisi..... hata afadhali sri lanka waliipigania!
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BAGAMOYO PORT CONSTRUCTION STARTS JUNE, MINISTER
April 25, 2018
Construction of Bagamoyo Port in Tanzania which upon completion will the the biggest in East and Central Africa will begin June, a government minister has said.
Makame Mbarawa, the Minister for Works, Transport and Communication, said the government was in final talks with investors of China Merchants Holdings International Limited (CMHI) and the government of Oman.
Construction of the port is being carried out through a collaboration of China and Oman. Also to be constructed around Bagamoyo area are over 190 industries, including the manure processing industry that will be put up by the government of Oman.
Mr Mbarawa told parliament in Dodoma that although mooted in 2013, the project has been hit by delays because the government had to ensure that every project has wider impact to the country’s economy.
Issues to do with compensating landowners who were to be displaced also affected the project take off.
But that has been solved with China Merchants Holdings International (CMHI), a port management firm agreeing to raise money for compensation.
CMHI managing director Hu Jianhua said in a statement in a recent interview that the company would run Bagamoyo port as one of its overseas ports.
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it doesnt matter how they acquired the two ports.. its all the same to (CMHI)... they now own them. ..
REDEEMER.
1. its been 7 months since start of freight operations. .. not years.
2. Loan repayment starts in 2020...