Adani Ports and Special Economic Zone Ltd. (APSEZ), has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port.
“The signing of the concession for Container Terminal 2 at Dar es Salaam Port is in line with APSEZ’s ambition of becoming one of the largest port operators globally by 2030,” said Karan Adani, Managing Director of APSEZ, which is the largest port developer and operator in India. “We are confident that with our expertise and network in ports and logistics, we will be able to enhance trade volumes and economic cooperation between our ports and East Africa. We will strive to transform Dar es Salaam Port into a world class port.”
Dar es Salaam Port is a gateway port with a well-connected network of roadways and railways. Container Terminal 2 has an annual cargo handling capacity of 1 million TEUs and managed 0.82 million TEUs of containers in 2023, estimated to be 83 per cent of Tanzania’s total container volumes.
In other news, Britain’s 500-year-old Royal Mail to be sold.
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