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DP World signs agreement to operate Angolan multipurpose terminal

January 26, 2021
in News, Top News
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DP World signs agreement to operate Angolan multipurpose terminal

António Bengue, chairman of Porto de Luanda, Ricardo de Abreu, Angola's transport minister, and Sultan Ahmed bin Sulayem, group chairman and CEO of DP World

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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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