Turkey wins bid to finance, build US$1.9 billion second phase of Tanzania railway

In January, Turkish President Recep Tayyip Erdogan was in Dar es Salaam on a state visit. A month later, Turkish firm Yapi Merkezi, through a joint venture with Portuguese company Mota Engil, won the first contract under the Tanzanian railway modernisation programme, worth $1.2 billion. The Chinese had been the favourites, complete with a $7.9 … Continue reading Turkey wins bid to finance, build US$1.9 billion second phase of Tanzania railway