Oman Investment Authority (OIA) and the government of Zanzibar have signed a memorandum of understanding (MoU) to establish a multi-terminal port at Unguja’s Mangapwani suburb, in Zanzibar.
The pact envisages a huge and modern port with various terminals for containerised and general cargo, fuel, fishing vessels, oil and natural gas, as well as a satellite city with all essential business facilities.
The signing was presided over by President Hussein Mwinyi who said in his speech that “the journey to build new Zanzibar has now begun”.
He ordered an immediate feasibility study for the project, saying the government has no time to waste on rhetoric. “We have to speak less and do more. The government is determined to succeed in this grand project; it’s the first development scheme under the Eighth Phase Government,” President Mwinyi said.
He reaffirmed the government’s resolve to transform Zanzibar into the East and Central Africa’s commercial and tourism hub through construction of essential infrastructure.
He commended the Oman Investment Authority for agreeing to work with the Revolutionary Government of Zanzibar. Sheikh Mohammed al Touqi led the OIA delegation.