Adani International Ports Holdings is a wholly owned subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ).
Karan Adani, Managing Director of APSEZ, said, “The signing of the concession for Container Terminal 2 at Dar es Salaam Port is in line with APSEZ’s ambition to become one of the largest port operators globally by 2030.”
“We are confident that with our expertise and network in ports and logistics, we will be able to increase trade volumes and economic cooperation between our port and East Africa. We will strive to transform the Port of Dar es Salaam into a world-class port. " Added.
Dar es Salaam Port is a gateway port with a well-connected network of roads and railways. According to Adani Ports, East Africa Gateway Limited (EAGL) is incorporated as a joint venture between AIPH, AD Ports Group and East Harbor Terminals Limited (EHTL). EAGL has signed an agreement to acquire a 9 per cent stake in Tanzania International Container Terminal Services Limited (HUT) from Hutchison Port Holdings Limited (and its affiliate Hutchison Port Investment Limited) and Harbors Investment Limited for $39.5 million.
TICTS currently owns all port handling equipment and staff and Adani Ports will operate CT2 through TICTS.
Adani Ports is the largest port developer and operator in India, with strategically located ports and terminals on the west coast and 8 ports and terminals on the east coast of the country.
Karan Adani, Managing Director of APSEZ, said, “The signing of the concession for Container Terminal 2 at Dar es Salaam Port is in line with APSEZ’s ambition to become one of the largest port operators globally by 2030.”
“We are confident that with our expertise and network in ports and logistics, we will be able to increase trade volumes and economic cooperation between our port and East Africa. We will strive to transform the Port of Dar es Salaam into a world-class port. " Added.
Dar es Salaam Port is a gateway port with a well-connected network of roads and railways. According to Adani Ports, East Africa Gateway Limited (EAGL) is incorporated as a joint venture between AIPH, AD Ports Group and East Harbor Terminals Limited (EHTL). EAGL has signed an agreement to acquire a 9 per cent stake in Tanzania International Container Terminal Services Limited (HUT) from Hutchison Port Holdings Limited (and its affiliate Hutchison Port Investment Limited) and Harbors Investment Limited for $39.5 million.
TICTS currently owns all port handling equipment and staff and Adani Ports will operate CT2 through TICTS.
Adani Ports is the largest port developer and operator in India, with strategically located ports and terminals on the west coast and 8 ports and terminals on the east coast of the country.
