Gautam Adani, Tanzania Discuss Possibilities Of "Long-Term Partnership"

Billionaire industrialist Gautam Adani met Tanzanian President Suluhu Samia and discussed the possibilities of forging a long-term partnership with "one of Africa's most promising nations".

"It was an honour to meet the charismatic President of the United Republic of Tanzania, Her Excellency @SuluhuSamia," Mr Adani wrote on X. 

"Fascinating to hear her deep insights about the future of Africa and discuss the possibilities for forging a long-term partnership with one of Africa's most promising and strategically important nations. 

It was an honour to meet the charismatic President of the United Republic of Tanzania, Her Excellency @SuluhuSamia. Fascinating to hear her deep insights about the future of Africa and discuss the possibilities for forging a long-term partnership with one of Africa's most… pic.twitter.com/mhUQ19clr6

— Gautam Adani (@gautam_adani) June 14, 2024

"We are excited about the Adani Group leveraging its expertise across various infrastructure sectors, including ports, renewable energy, airports, transmission, distribution, and rail to help build world-class infrastructure in Tanzania," he added.

Last month, Adani International Ports Holdings, a wholly-owned subsidiary of Adani Ports and Special Economic Zone Ltd. (APSEZ), signed a 30-year deal with the Tanzania Ports Authority. As part of the pact, the conglomerate will operate and manage Container Terminal 2 (CT2) of the Dar es Salaam Port - a gateway port connected to a massive network of roads and railways.

Container Terminal 2, with four berths, has an annual cargo handling capacity of a million 20-foot equivalent units (TEUs), an APSEZ statement said, adding that the port handled 0.82 million TEUs of containers in 2023 - about 83% of Tanzania's total container volumes.

(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)