DP World will commit more than US$163m to the existing terminal, bringing in two giant gantry cranes in 2008 and a further two in 2009, doubling capacity to around 555,000 teu. A total of nine gantry cranes will be installed at the existing terminal and the planned new one.
This first phase of development should be complete in 2010. The second phase will involve the design and construction of the Port du Futur container terminal, which will have a potential capacity of 1.75m teu. Port du Futur will require a total investment of more than US$476m, and is expected to be operational by early 2011.
“Senegal’s Dakar terminals are well positioned and we see a bright future for Dakar as a major trading hub, serving the surrounding region as well as Senegal’s own development needs. We are pleased to be able to contribute our expertise in both developing new port facilities and operating the terminals efficiently,” said DP World chairman Sultan Ahmed Bin Sulayem. DP World is also looking at other investments in Senegal, including business and logistics parks and tourism-related activities.