Team Blitz India
NEW DELHI: Adani Ports has made a significant stride in its global expansion efforts by securing a 30-year concession to operate Container Terminal 2 (CT2) at the Dar es Salaam Port in Tanzania. This landmark agreement with the Tanzania Ports Authority marks Adani Ports’ entry into Tanzania and underscores its ambition to become one of the largest port operators globally by 2030.
Dar es Salaam Port is a pivotal gateway port in East Africa, renowned for its well-connected network of roadways and railways. The signing of this agreement reflects Adani Ports’ strategic vision to expand its footprint in key regions with high growth potential. CT2, with its four berths, has an annual cargo handling capacity of 1 million twenty-foot equivalent units (TEUs), making it a crucial hub for trade in the region.
East Africa Gateway Ltd (EAGL) has been incorporated as a joint venture of AIPH, AD Ports Group, and East Harbour Terminals Ltd (EHTL), the statement added.APSEZ will be the controlling shareholder and will consolidate EAGL on its books, it said.
According to the statement, Container Terminal 2, with four berths, has an annual cargo handling capacity of 1 million twenty-foot equivalent units (TEUs) and managed 0.82 million TEUs of containers in 2023 — about 83 per cent of Tanzania’s total container volumes.
