Bavaria
JF-Expert Member
- Jun 14, 2011
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mnajua nyote hapa JF hamna time ya poor tanzania, wakati wenu ni kutoa pofu kuhusu kenya. niwakumbushe ya numbani basi
Inefficiency at Dar port swallows up $2.6bn of GDP
Source: The East African
- Tanzania and its six landlocked neighbours are losing millions of dollars every year, as port inefficiencies and corruption hold back economic development.
Tanzania and its landlocked neighbours could boost their annual gross domestic product (GDP) by up to $1.8 billion and $830 million respectively by taking measures to improve the efficiency of the port of Dar es Salaam.
According to a World Bank report titled "Opening the Gates: How the Port of Dar es Salaam Can Transform Tanzania," the country and its six landlocked neighbours are losing millions of dollars every year, as port inefficiencies and corruption hold back economic development.
Jacques Morisset, the bank's lead economist for Tanzania, Uganda and Burundi says that with its strategic location, the Dar es Salaam port is the gateway for 90 per cent of Tanzania's trade, clearing $15 billion in merchandise annually. This sum is equivalent to 60 per cent of Tanzania's GDP in 2012.
"In addition, the port provides vital access to Tanzania's six landlocked neighbours: Malawi, Zambia, DR Congo, Burundi, Rwanda, and Uganda," said Mr Morisset.
According to the economist, in 2012 the total loss resulting from inefficiencies at the port was estimated to reach $1.8 billion for the Tanzanian economy and $830 million for the neighbouring countries.
Mr Morisset said these losses were equivalent to approximately seven per cent of Tanzania's annual GDP, and affected a wide range of local consumers, businesses and government agencies.
High charges at the port are also reducing its competitiveness in the region, with the report pointing out that the official port fees in Dar are on average 74 per cent higher than in Mombasa, principally as a result of higher wharfage charges.
Everything is taken care of. We are reclaiming back what we had.