DP World Begins Construction of its Biggest Port in Senegal

Global ports operator DP World has begun construction of Senegal’s Ndayane deepwater port, the Dubai-based company’s biggest port investment in Africa to date and a project that is set to boost the country’s position as a major trade hub and gateway to West Africa.

Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai’s state-owned port operator DP World at Ndayane, around 50 km (31 miles) south of the capital Dakar.

DP World Dakar, a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar (PAD), is the biggest private investment in the West African country, Sall said.

Your Friends Also Read:  Senegal Set to Vote in First Local Elections Since 2019

“We are ready for the structural transformation of our economy with this mega project,” Sall said.

DP World has said the first phase will include 840 metres of quay and a 5 km marine channel designed to handle 366-metre vessels, with a second phase adding 410 metres of container quay and further dredging to handle 400-metre vessels.

DP World chairman, Sultan Ahmed Bin Sulayem said his company would develop and operate the 300-hectare container terminal, as well as finance and design the land and maritime infrastructure.

“It represents a brighter future as this new port will bring greater economic growth, prosperity, and jobs,” Sulayem said

Your Friends Also Read:  Senegal Records First Omicron Case

The infrastructure project reflects growing partnerships between Dubai and African markets aimed at supporting development in the continent


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.

Contact: digital@newscentral.ng

Total
0
Shares

Leave a Reply

Previous Article

Rare Birth Experience in Califonia as Woman Births Twins in Two Years

Next Article
Inclement Weather Grounds Planes in Algeria for Two Days ( News Central TV)

Weather Grounds Algerian Planes for Two Days

Related Posts
Powered by Live Score & Live Score App