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AGL wins first berths in Bagamoyo Port Project

AGL wins first berths in Bagamoyo Port Project.

MSC subsidiary Africa Global Logistics (AGL) has entered into a Memorandum of Understanding with the Tanzania Ports Authority (TPA) to act as a construction partner for the proposed Bagamoyo (Mbegani) Port

The MoU relates to the development of three berths from a total of 28 planned for the new port, which will be implemented in three phases, with the first phase scheduled to begin next year.

Under the agreement, TPA has granted AGL the rights to design, build and operate the initial three berths at Bagamoyo Port.

“We expect construction of the three new berths at Bagamoyo to begin early January,” said Plasduce Mbossa, TPA’s Director General. “We welcome more local and international investors to join the project, which aims to bring major transformation to port operations in Tanzania.”

The total investment earmarked for the full port development stands at $2.1bn.

According to the project timeline, the three new berths are expected to be designed and constructed over a three-year period.

AGL has been expanding its footprint in port development projects across Africa, with activities in countries including the Republic of Congo, Angola, Namibia and Ivory Coast. The company has stated that its investment in Tanzania will further strengthen access to multiple African markets, supported by the strategic Indian Ocean location of the Bagamoyo Port.