The proposed Bagamoyo Port is located in Mbegani Town, Bagamoyo, Tanzania. It is about 52km northwest from the Capital, Dar es Salaam City. It is understood, that the port shall be developed in three Phases. The initial Phase I development shall encompass a 100 ha square shaped area. In addition, in order to enable the port to function, supporting infrastructure shall be established both onshore and offshore.
The investments in Phase I will be approximately:
- Port: USD 400 – 500 million.
- Supporting Infrastructure: USD 1,000 – 1,100 million.
Seaport’s assignment included:
- Financial Evaluation: review of financial model, due diligence of the operational setup, the investments in handling equipment and IT, and the overall area requirements and layout of the port and Special Economic Zone.
- Creation of financial models for Bank of Tanzania and TIB to determine the social economic benefits and financial returns.
- Contractual issues, related to the commercial topics and performance clauses.
- Review of the Masterplan
