Geza Ulole
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- Oct 31, 2009
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28th March 14
Tanzania recognised for improvements in transport logistics
Correspondent Mtei David
Tanzania has made a big leap in logistics performance from the 138th position seven years ago to 88th today, according to the World Banks Global Logistics At least Performance Index.
At least 155 countries were ranked by the bank, according to a report released this month by Price Water House Coopers (PwC).
The report shows that Tanzania is doing better in developing the transport infrastructure compared to most African countries, despite the quality still remaining poor and negatively impacting on the economys productive capacity.
Titled: Africa Gearing up: Future Prospects in Africa for the Transportation and Logistics Industry, the report states that infrastructure in the East African nation has witnessed impressive investment in recent years.
It says there is more to come as transport infrastructure projects worth USD19bn (roughly 3.04trn/-) are in pipeline.
The report which gives an in-depth analysis of 10 economies transport and logistics indicators in Tanzania and Kenya in East Africa mainly to give investors and other interested stakeholders an insight into the key economic regions in the continent.
The analysed indicators include agriculture, retail trade, manufacturing, transport, logistics performance, ports, aviation, railways and roads.
According to the report, despite having made significant progress in infrastructure development in recent years, Tanzanias transport infrastructure is still inadequate to meet the needs.
The country is expected to be one of the fastest growing economies in the world with key drivers to growth expected in natural resources, especially in natural gas discoveries, regional integration and infrastructure investment.
The report adds that a number of railway projects with an estimated value of over USD14bn are currently at various stages of development.
They includes a USD2.7bn project to develop a new railway line from Tanga at the Indian Ocean to Lake Victoria in Mara Region. However, it commends Tanzania for allowing competition in its domestic airline sector by introducing many providers on each of routed. Currently the country has 17 routes. Since the report aims at giving investors and other interested stakeholders an insight into the key economic opportunities in the continent, some stakeholders have commented on the improvement of the infrastructure sector
As Africa has risen to prominence as an investment destination over the past few years, so the role of transportation and logistics has taken on greater significance . Whether moving resources off the continent or bringing goods and services into its burgeoning economies, Africas future growth and development will depend on the quality of its infrastructure and the efficiency of its transport networks, PwC Transportation and Logistics Global Leader Klaus-Dieter Ruske said. There is a fast growing demand for the vast raw commodities available on the continent. Africa has an abundance of oil, gas, and mineral resources and significant opportunities for agricultural expansion. He said.
For logistics companies prospects in the retail and manufacturing sectors are also significant and lead from a period of sustained growth experienced by many African countries, PwC Transport and Logistics leader for South Africa Andrew Shaw said.
THE GUARDIAN
wonder what number is Kenya? waltham, lawmaina78
Tanzania recognised for improvements in transport logistics
Correspondent Mtei David
Tanzania has made a big leap in logistics performance from the 138th position seven years ago to 88th today, according to the World Banks Global Logistics At least Performance Index.
At least 155 countries were ranked by the bank, according to a report released this month by Price Water House Coopers (PwC).
The report shows that Tanzania is doing better in developing the transport infrastructure compared to most African countries, despite the quality still remaining poor and negatively impacting on the economys productive capacity.
Titled: Africa Gearing up: Future Prospects in Africa for the Transportation and Logistics Industry, the report states that infrastructure in the East African nation has witnessed impressive investment in recent years.
It says there is more to come as transport infrastructure projects worth USD19bn (roughly 3.04trn/-) are in pipeline.
The report which gives an in-depth analysis of 10 economies transport and logistics indicators in Tanzania and Kenya in East Africa mainly to give investors and other interested stakeholders an insight into the key economic regions in the continent.
The analysed indicators include agriculture, retail trade, manufacturing, transport, logistics performance, ports, aviation, railways and roads.
According to the report, despite having made significant progress in infrastructure development in recent years, Tanzanias transport infrastructure is still inadequate to meet the needs.
The country is expected to be one of the fastest growing economies in the world with key drivers to growth expected in natural resources, especially in natural gas discoveries, regional integration and infrastructure investment.
The report adds that a number of railway projects with an estimated value of over USD14bn are currently at various stages of development.
They includes a USD2.7bn project to develop a new railway line from Tanga at the Indian Ocean to Lake Victoria in Mara Region. However, it commends Tanzania for allowing competition in its domestic airline sector by introducing many providers on each of routed. Currently the country has 17 routes. Since the report aims at giving investors and other interested stakeholders an insight into the key economic opportunities in the continent, some stakeholders have commented on the improvement of the infrastructure sector
As Africa has risen to prominence as an investment destination over the past few years, so the role of transportation and logistics has taken on greater significance . Whether moving resources off the continent or bringing goods and services into its burgeoning economies, Africas future growth and development will depend on the quality of its infrastructure and the efficiency of its transport networks, PwC Transportation and Logistics Global Leader Klaus-Dieter Ruske said. There is a fast growing demand for the vast raw commodities available on the continent. Africa has an abundance of oil, gas, and mineral resources and significant opportunities for agricultural expansion. He said.
For logistics companies prospects in the retail and manufacturing sectors are also significant and lead from a period of sustained growth experienced by many African countries, PwC Transport and Logistics leader for South Africa Andrew Shaw said.
THE GUARDIAN
wonder what number is Kenya? waltham, lawmaina78
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