President Samia Launches Ambitious Bagamoyo Fishing Port Project to Drive Tanzania’s Blue Economy.

President Samia Launches Ambitious Bagamoyo Fishing Port Project to Drive Tanzania’s Blue Economy.

The government has unveiled plans to construct a fishing port in the Bagamoyo district as part of its strategy to bolster the blue economy. The President, Dr. Samia Suluhu Hassan made this announcement on September 19, 2023, as she laid the foundation stone for the fishing port project, which is estimated to cost TZS 266 billion ($115 million). She also oversaw the distribution of modern boats to fishermen in Kilwa Masoko, located in the Lindi region.

President Samia emphasized that the construction of the port would be contingent upon the country’s economic conditions, indicating that it would be developed when financially viable. She also revealed the government’s intention to establish fish farming areas along the coastal regions.

“Given the vastness of our coastal areas, we are contemplating the development of fish farming zones. The fishing port I have just inaugurated, along with the modern boats provided under this project, could potentially meet the needs of this region. Our coastal port zones are extensive, and we are considering the construction of another fishing port in Bagamoyo when our economic situation permits,” President Samia stated.

Speaking about the Kilwa Fishing Port project, President Samia highlighted that its completion would create over 20,000 jobs and offer various business opportunities for the local population.

Regarding the modern boats distributed to fishermen, President Samia urged the recipients to repay their loans promptly so that more boats could be procured to benefit other fishermen.

Furthermore, President Samia encouraged young people to seize opportunities in the fishing industry, including fish farming, as there is a reliable market for fish products.

This strategic move by the government underscores its commitment to harnessing the potential of Tanzania’s coastal resources to boost economic growth and employment opportunities in the blue economy sector.