Parliamentary Commitment Urges TPA To Heighten Investment In Land Properties -

By Senior Reporter VALENTINE OFORO

Despite challenges, benefits of the diverse support and key investments that have been injected by the Government to the Northern sea gate are now clear.

TANGA. THE Tanzania Ports Authority (TPA) has been challenged to set aside enough funds from its revenues for investment in landed properties whose value appreciates consistently.

The timely advice was made by the Parliamentary Committee on Infrastructure during a joint briefing session held at TPA offices in Tanga city.

Chairman of the Committee, Mr Selemani Kakoso, expressed that since completion of the Tanga Port improvements, at least six months ago, there has been a remarkable increase in revenue, with projections suggesting the port’s earnings will rise from approximately 40bn/- annually to 100bn/- next year.

He spoke over the need for TPA to mull over expanding its investment into land resources, particularly given the value appreciation of assets.

“We are impressed with the future plans that the port authority has, particularly the intention to integrate rail, road, and port systems for sustainable development projects,” he said.

Mr Kakoso pointed to the upcoming major oil pipeline project, which is expected to enhance traffic through the port and benefit neighbouring countries such as Rwanda, Burundi and Uganda.

Giving further recommendations pertaining to land investments, the Chairman stressed the importance of investing in modern equipment to complement the recent infrastructure improvements at the port.

This, he argued, would further enhance productivity and align with the broader national development goals.

He hailed the government for the continued support and investment towards the aviation facility at the country’s Northern sea gate, acknowledging that, despite challenges, the benefits of the investments are now clear.

“There was significant scepticism before but today we witness many benefits, including increased government revenue and improved services which have attracted ship owners due to the absence of congestion.”

Speaking on his side, Deputy Minister for Transport, Mr David Kihenzile expressed gratitude for the committee’s visit and the opportunity to showcase the government’s work in improving the sector.

“I assure the committee that the feedback, advice, and recommendations provided will be implemented to ensure that Tanga Region benefits economically from the ongoing improvements by the Ministry of Transport,” he said.

Mr Plasduce Mbosa, TPA Director General highlighted that the completions of the second phase of Tanga Port’s improvements, costing 429.1bn/- has not only spurred development but also created opportunities for the northern corridor.

“I would like to thank the committee continued support to TPA, enabling us to implement our port development plans and contribute to the national economy,” he said.