The Gautam Adani-owned Adani group has entered the port business in the African country of Tanzania by securing a 30-year lease of Container Terminal 2 at the Dar es Salaam Port. An agreement was signed between the Tanzania Ports Authority and Adani International Ports Holdings Pte Ltd, a subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ).
Recently, the Indian government-owned Indian Ports Global Ltd secured a 10-year deal to manage and operate the Shahid Beheshti terminal of Chabahar Port of Iran.
The Dar es Salaam Port is Tanzania's main port and is well-connected with rail and road infrastructure. Container Terminal 2 has four berths and a cargo handling capacity of 1 million TEUs (twenty-foot equivalent units). The port handles almost 83 per cent of Tanzania's total container volume.
The Adani Ports and Special Economic Zone Limited is part of the Adani Group.
The company develops and operates ports and terminals. It is the largest operator of ports in India, handling around 27 percent of the country’s total port volume.
The company operates seven ports and terminals on the west coast of India:
The company operates eight ports and terminals on the east coast of India. They are
Apart from the Dar es Salaam Port, the company owns the Haifa port in Israel and is developing a transhipment port in Colombo, Sri Lanka.
Tanzania is an East African country situated along the coast of the Indian Ocean.
The country was formed in 1964 by the union of Tanganyika and Zanzibar. Tanganyika lies on mainland Africa, while Zanzibar is a group of Islands in the Indian Ocean.
Africa’s highest mountain, Kilimanjaro (5,895 meters), is in Tanzania.
Tanzania also has the second-deepest lake in the world -Lake Tanganyika (1,436 meters deep). The deepest lake in the world -Lake Baikal, is in the Siberian region of Russia..
Lake Tanganyika is also the world’s longest freshwater lake.
Capital: Dodoma
Currency: Tanzanian Shilling
President : Samia Suluhu Hassan
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