By Mike Mande
The EastAfrican
The Tanzania Ports Authority (TPA) is to undertake a $44 million joint venture project to replace the existing Single Point Mooring (SPM) facility to handle bigger oil vessels and an increased volume of crude oil at the Dar port.
The joint venture, which is expected to commence in 2008, will see partners in the investment contribute equity and possibly manage and operate the SPM facility in collecting the revenue
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