Financed by | European Union |
Stage | Ongoing |
Sector | 25010 Business support services and institutions |
Start date | 1 January 2025 |
End date | 1 January 2029 |
Budget | 14 018 692.00 € |
Code | TZA23004 |
Short name | PORTZA |
The PORTZA project is a flagship initiative under the European Union’s Global Gateway Strategy, designed to promote inclusive and sustainable economic growth in Tanzania by enhancing trade and transport efficiency in key economic sectors. Given that over 80% of Africa’s trade is conducted via sea routes, PORTZA focuses on strengthening strategic transport corridors, facilitating trade efficiency, and boosting economic growth in both Africa and Europe.
By addressing both physical and non-physical barriers to trade, the project aims to improve transport systems, reduce trade costs, and promote sustainable mobility, ensuring a more competitive and interconnected regional economy.
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