Terminal operator DP World will build a deep-water, multi-purpose port in the Democratic Republic of the Congo (DRC) after winning a 30-year concession.
The concession, which can be extended by a further 20 years, is to manage and develop a greenfield site in Banana with a capacity of 350,000 teu and 1.5m tonnes of general cargo after the first phase of development.
Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: “Investment in this deep-water port will have a major impact on the country’s trade with significant cost and time savings, attracting more direct calls from larger vessels from Asia and Europe, and ultimately acting as a catalyst for the growth of the country and the region’s economy.”
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