Beijing: China is cooperating with Tanzania to build a new port near Dar es Salaam. Hong Kong-based China Merchants International will take over the construction of the port project worth up to $10bn. The port will contain an industrial park, covering an area of about 50 sq km, to attract domestic and international investors.

China-Tanzania trade has increased steadily in recent years. In 2011, the total trade volume between the two sides reached $2.15bn. The major products exported from Tanzania to China are cashew nuts, sisal and sesame, according to China's embassy in Tanzania.

Source from SinoShip