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Tanzania starts USD10b port construction backed by Oman

18 Oct 2015

(MENAFN) Tanzania started construction work on a USD10 billion port and special economic zone, a project backed by China and Oman that aims to transform the country into a regional trade and transport hub.

The port, which will be Tanzania’s biggest, is being built at Bagamoyo, 75km (47 miles) north of Dar-es-Salaam, the commercial capital that is currently the site of the country’s main port.

“The construction of the Bagamoyo port and a special economic zone is aimed at realizing the government’s goal of bringing about an industrial revolution in Tanzania,” President said.

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