THE Parliamentary Committee on Infrastructure has advised the Tanzania Ports Authority (TPA) to allocate funds from its revenues for investment in landed properties whose value appreciates consistently.

The recommendation was made during a joint debriefing session at TPA offices in Tanga city yesterday.

The Committee Chairman, Selemani Kakoso highlighted that since completion of the Tanga Port improvements six months ago, there has been a remarkable increase in revenue, with projections suggesting the port’s earnings will rise from approximately 40bn/- annually to 100bn/- next year.

He emphasised the need for TPA to consider expanding its investment into land resources, particularly given the value appreciation of assets

“We are pleased with the future plans that the port authority has, particularly the intention to integrate rail, road, and port systems for sustainable development projects,” he said.

He also pointed to the upcoming major oil pipeline project, which is expected to enhance traffic through the port and benefit neighbouring countries such as Rwanda, Burundi and Uganda.

 In addition to land investments, Kakoso stressed the importance of investing in modern equipment to complement the recent infrastructure improvements at the port.

This, he argued, would further enhance productivity and align with the broader national development goals.

Kakoso also praised the government for the continued support and investment in the port, acknowledging that, despite challenges, the benefits of the investments are now clear. 

“There was significant scepticism before but today we witness many benefits, including increased government revenue and improved services which have attracted ship owners due to the absence of congestion.”

Deputy Minister for Transport, David Kihenzile expressed gratitude for the committee’s visit and the opportunity to showcase the government’s work in improving the sector.

“I assure the committee that the feedback, advice, and recommendations provided will be implemented to ensure that Tanga Region benefits economically from the ongoing improvements by the Ministry of Transport,” he said.

Plasduce Mbosa, TPA Director General highlighted that the completions of the second phase of Tanga Port's improvements, costing 429.1bn/- has not only spurred development but also created opportunities for the northern corridor.

“I would like to thank the committee continued support to TPA, enabling us to implement our port development plans and contribute to the national economy,” he said.