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Tanzania: U.S.$10 Billion Port Project Threatens Mombasa Hub Status

Kenya faces renewed pressure to expand at the port of Mombasa and boost efficiency after Tanzania started construction work on a new $10 billion port and a special economic zone, that aims to transform the country into the regional trade and transport hub. The new port in Bagamoyo, which will be Tanzania’s biggest, directly threatens Mombasa’s present status as the preferred trade and logistics hub in the region.

Source: Tanzanian News