APMT signs Angolan JV

A new chapter for Angolan ports has been opened with the signing by APM Terminals and the Sociedade Gestora de Terminais S.A. (Sogester) of a 20-year concession joint-venture to operate, maintain and develop the Port of Namibe, Angola, which serves the hinterland from Namibe to Menongue and through the city of Lubango.

Sogester, the leading operator in Luanda, will invest in equipment, infrastructure, training, safety, and processes to improve productivity and increase the number of vessel calls and volumes going through Namibe.  This is part of the port master plan designed to enhance Namibe’s economic growth, job creation, transportation competitiveness and community.

“We look forward to creating higher levels of productivity, safety and efficiency to help grow Namibe and the broader regional market through a more competitive port”, said Richard Mitchell, managing director of Sogester.