New Mbegani-Bagamoyo Greenfield Port

Project Description

The largest project in the portfolio - a major new deep-water port at Bagamoyo, connected to the planned Bagamoyo Special Economic Zone. The project is intended to support Tanzania's long-term trade and logistics growth, relieve congestion at Dar es Salaam Port, and serve regional markets including landlocked East and Central African countries. An interim report was issued in May 2024, with a concession model anticipated. This is a major infrastructure/concession opportunity, likely better suited for development finance institutions, infrastructure funds, concession operators, or large strategic investors. The project spans all phases including VAT.