The Latest

Tanzania To Invest TZS 30 Billion To Increase Cargo Handling At Dar es Salaam Port

April 6, 2015
1 minute read

The Tanzania International Container Terminal Services (TICTS) announced an investment plan of TZS 30 Billion for 2015 to increase cargo capacity at Dar Es Salaam port.

Paul Wallace, Chief Executive Officer of TICTS indicated that two new cranes would be introduced within the next 12 months.

TICTS facility is currently handling around 500,000 twenty-foot equivalent units (TEUs) per year and the number has been growing at around 10% each year, Mr Wallace explained.

Tanzania Investment Guide 2026 Free Edition

The CEO also indicated that TICTS will invest between USD 300 million and USD 400 million in the next five years to accompany the expected growth brought it by the new central corridor.

TICTS is the largest container terminal in Tanzania, handling more than 75% of Tanzania’s trade and serves as a vital part of the supply chain to and from Tanzania and the neighboring countries in Eastern, Central and Southern Africa.

Want to know more about Transport in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers Transport, plus key sectors and investment opportunities. The complete 141-page edition includes policies, taxation, key regulations, full macroeconomic data, and sources, and is also available at no cost upon completion of a short form.

Download Free OverviewGet the Full Edition for Free
Tweet
Share
Share
Share
Related Posts
EU-Tanzania Roadshow 2026 The Hague day 1 opening Mkumbo
Read More

EU–Tanzania Roadshow Reaches The Hague With Coffee, Cashew, Critical Minerals, and Port Investment Pitches

The EU-Tanzania roadshow reached The Hague on 5 October 2026 for its final leg, where Tanzania pitched coffee and cashew processing, wheat and edible oils, critical minerals, the new Bagamoyo and Mwambani ports on the mainland, Zanzibar's Mangapwani port hub, four dry ports, and two new lines of the standard gauge railway network to around 90 businesses. Agriculture emerged as the priority sector for European and Dutch investors, with the best opportunities in food production and value addition, backed by Dutch expertise as the world's second-largest agricultural exporter.
Read More

Tanzanian Delegation Visits Agribusiness, AI, Data Centre and Railway Facilities on Day Two of EU–Tanzania Roadshow in Italy

On 2 October, Tanzanian agribusiness and digital delegations visited facilities in Emilia-Romagna during the EU–Tanzania roadshow’s Italian leg. On the second day of the EU–Tanzania roadshow in Italy, the agribusiness delegation visited Apofruit–Almaverde, Martini Group and Unitec to examine post-harvest handling and cold storage, livestock and food operations, and fruit sorting, grading and training. A separate group led by Deputy Minister Pius Chaya visited the University of Bologna, DAMA Tecnopolo and Bologna San Donato to learn about artificial intelligence, Industry 4.0, supercomputing, data centres and railway testing.
Samia Suluhu Hassan Ndiame Diop World Bank Dar es Salaam Port Second Phase
Read More

World Bank Considers Financing Second Phase of Dar es Salaam Port Upgrade

The World Bank is considering financing a second phase of the Dar es Salaam Port upgrade after the first phase, backed by a USD 345 million credit, reached 85% completion and helped raise annual throughput from 14 million tonnes in 2015/16 to 32.8 million tonnes in 2025/26. Regional Vice President Ndiamé Diop signalled the interest during a three-day visit that included talks with President Samia Suluhu Hassan on 20 August 2026 covering the SGR, central corridor development, agriculture, education and the mobilisation of private investment.

Want to know more about investing in Tanzania? Our free overview of the Tanzania Business and Investment Guide 2026 covers the economy, key sectors and investment opportunities. The complete 141-page edition, which includes policies, taxation, key regulations, full macroeconomic data and sources, is also available at no cost upon completion of a short form.

Download Free Overview Get the Full Edition for Free