Tanzania International Container Terminal Services (TICTS) has tabled to the government an investment proposal in terminal upgrades and integrated logistics valued over 500 million US dollars (1.15tri/-).
TICTS acting CEO Mr Matthew Clifft said they are striving to build on the achievements of this year by keenly working with the government in further developing the port.
“Berths 8-11 are well due for a complete refurbishment and Hutchison Ports has offered its support in overseeing this important project to ensure that the port can maintain its productivity during the redevelopment,” he said.
TICTS said in a statement yesterday that over the last one year they achieved a solid teamwork and cooperation with the Tanzania Ports Authority (TPA) which greatly contributed to the company’s success stories.
Late last year, the waiting time in Dar es Salaam port was untenable, but through mobilised resources from TICTS’ parent group, Hutchison Ports, the company invested 12.5bn/- in equipment to elevate operations of the terminal and to unlock additional capacity at the port, the statement noted.
Through the investment, TICTS has enabled the upwards of handling of 50,000 twenty-foot containers equivalent units (TEU) in a busy month at Dar es Salaam Port, and the terminal is now nearing the 70,000 TEU mark for a single month. Thus, TICTS is on course to surpass 700,000 TEU in a single year.
Fully aligned with the government plans to attract foreign investment and fuel economic growth, these plans would not only generate additional capacity at the port and further incubate the employment in the industry, but would also fully integrate the port with the hinterland infrastructure, creating a seamless intermodal network from the port to the ICD and standard gauge railway (SGR).
TICTS is a member of Hutchison Ports, the port and related services division of CK Hutchison Holdings Limited. It has a network of terminal operations in 52 ports spanning 26 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia.
