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Wednesday, July 3, 2019

Tanzania Suspends Chinese Port Project

Engineering News-Record published on 25 June 2019 an article titled "Tanzania Suspends $10B Bagamoyo Port Project" by Shem Oirere.


Tanzania has suspended construction of the $10 billion Bagamoyo port project financed and being constructed by China. Tanzanian President John Magufuli reportedly told local media the terms of the financing agreement were "exploitative and awkward" and could "only be accepted by mad people."