AD Ports and Adani to jointly invest in Tanzanian infrastructure

AD Ports Group and Adani Ports and Special Economic Zone (APSEZ) have signed a Memorandum of Understanding (MoU) for joint investments in end-to-end logistics infrastructure and solutions in Tanzania.

These include rail, maritime services, port operations, digital services, an industrial zone and the establishment of maritime academies.

The two companies signed the agreement setting in motion a series of potential country-level investments to grow, improve, and promote an end-to-end maritime and logistics ecosystem, aiming to make Tanzania a hub for the African region.