China’s largest port operator accused the Tanzanian government of spreading “false information” and misguiding the public about the cause of stalled negotiations over the $10 billion Bagamoyo port development it is backing in the country.
China Merchants Holdings International (CMHI) has been in negotiations with the Tanzanian government since 2013 about plans to build a harbor and special economic zone in Bagamoyo, 75km north of Dar es Salaam, but those negotiations hit an impasse in June.
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