DP World begins operations at Port of Luanda’s Multipurpose Terminal
DP World has begun operation of the Multipurpose Terminal (MPT) at the Port of Luanda, as it looks to turn the facility into a regional hub following an investment programme.
The MPT was handed over to the Dubai-based company by Porto de Luanda, following the 20-year concession agreement signed in January.
DP World Luanda is investing US$190m to improve the terminal, aiming to make it a trade hub along the western coast of southern Africa and help Angola reach its economic growth ambitions.
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