The government of Tanzania plans to start a process of finding a global investor to run operations of the country’s major port of Dar es Salaam.
According to Tanzania’s Minister of Works and Transport, Makame Mbarawa, the preferred investor should meet international standards to be able to make the port more competitive.
More specifically, the investor must be an international company with a proper network and vast experience in the shipping industry as well as capable of securing new markets, as Mbaeawa stated.
Mbarawa said using the private sector in the operations of the port is a phenomenon that is unavoidable in the current world where many countries have invested in private companies to run port operations.
In fact, the members of parliament had earlier in the day urged the government to privatise operations of Dar es Salaam port to enhance its efficiency.
He also added that Tanzania has no reason to fear when it came to involving the private sector in the operations of the port, adding that countries that are using the private sector in running their ports have recorded huge success.
