DP World signs agreement to operate Angolan multipurpose terminal
DP World has signed a 20 year concession agreement with the Angolan government to operate the Multipurpose Terminal (MPT) at the Port of Luanda.
Under the agreement, the operator will invest US$190m, with plans to rehabilitate the existing infrastructure and acquire new equipment.
The Port of Luanda is Angola’s largest port, located in a natural bay in the country’s capital Luanda, making it a mandatory stop on sea routes along the west of the African continent.
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