New investors expected to enhance efficiency at Zanzibar Port
Published on: October 31, 2023.
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Zanzibar President Dr Hussein Mwinyi has emphasized the importance of bringing in a foreign investor to manage the Malindi Port, citing years of inefficiency. The Zanzibar government recently handed over the management of the port to Africa Global Logistics (AGL), a French firm, in hopes of improving efficiency and increasing revenue.
During a Mwananchi Thought Leadership Forum, President Mwinyi acknowledged that the port had suffered from inefficiency for many years. Cargo would often sit for weeks without being offloaded, and even after offloading, it would continue to wait a long time for customs processes.
President Mwinyi expressed his belief that involving the private sector is crucial to the success of the port. While he acknowledged that immediate results should not be expected, he emphasized the need for the new management to establish their programs and implement new technologies before the port can start reaping the benefits.
The inefficiency of the port has had a negative impact on the economy, which is a cause for concern for President Mwinyi. He highlighted the issue of inflation, attributing it to various factors both local and foreign. The price of rice in Pakistan, for example, has increased significantly due to inflation, and the export ban imposed by India has further driven up prices. Additionally, delays at the port, caused by inefficiency, contribute to the hike in rice prices when imported to Zanzibar.
Despite the challenges, President Mwinyi remains motivated by the potential for success. He believes that with the right management and improved efficiency, the Malindi Port can become a thriving hub of economic activity.
Source: [The Citizen](https://www.thecitizen.co.tz)
