Infrastructural investments, efficiency, new opportunities and cost of doing business in logistics are among the topics that dominated the recent Global Logistics Summit (GLS) held in Dar es Salaam,Tanzania capital.
The four-day summit was heralded as the biggest logistics event on the continent that saw all the major operators converge for the event that took place last month at the Ramada Resort.
Tanzania Freight Forwarders Association (TAFFA) organized the event which was attended by leading scholars among them Professor Issa Baluch 2012 Senior Advanced Leadership Fellow at Havard University, Professor Wesley Harris C.S Draper, Prof. of Aeronautics & Astronautics and Prof. Calestous Juma Prof. of Practice, Harvard Kennedy School
The Minister of Works, Transport and Communication Hon. Prof. Makame Mbarawa lauded TAFFA’s efforts in heralding much-needed awareness especially in the transport sector that is a ‘lifeline of any great nation’ as it supports the movement of people and goods.
The event brought together senior clearing and freight forwarding agents, government officials, ambassadors and trade representatives from Africa and the Middle East regions.
“At TAFFA, we made strides in empowering businesses through the summit wherein renowned scholars and practitioners imparted the knowledge on global freight forwarding industry and best practices,” said FEAFFA chairman Mr. Stephen Ngatunga.
In particular, the TAFFA president cited Tanzania as “an ideal freight transport hub” tailor-made to creating business networking among participants, even as it advertises its own tourist attractions.
The summit came at a time when the region is undertaking huge infrastructural projects expected to enhance efficiency. Importers of goods in the East Africa region have over the years decried the high transportation costs of moving goods from ports to the inland.
Shippers Council of Eastern Africa (SCEA) estimates that transport and logistics costs account for about 40 per cent of the cost of goods imported into the region.