Friday, December 4, 2015

China's Maritime Silk Road and Bagamoyo Port in Tanzania

The Diplomat published on 1 December 2015 an analysis titled "The Port of Bagamoyo: A Test for China's New Maritime Silk Road in Africa" by Frannie A. Leautier, partner of Mkoba Private Equity, Michael Schaefer, former German ambassador to China, and Wei Shen, director of the Lancaster University Confucius Institute.

The authors argue that this $10 billion port/infrastructure project financed by China and Oman could serve as a model for connecting East Africa to China's Silk Road if it appropriately takes into account a series of environmental, historical, developmental, and social issues that will impact Bagamoyo and its residents.