Luanda - The Transport Minister Ricardo D’Abreu said Tuesday that the Port of Luanda Multipurpose Terminal (managed by DP) is expected to help boost the national economy, taking advantage of Angola's privileged position in the southern Africa region.
The Angolan minister, who was speaking at the ceremony of laying a foundation stone of the Port of Luanda Multipurpose Terminal facelift, said in addition to domestic operators, the Southern African region and Africa in general will benefit from the “giant" DP World in the operation of this important space.
"DP World is a trusted partner with recognized technical and financial capacity, so that the Port of Luanda is increasingly respected by partners, clients and counterparts," said the minister.
The minister underscored that after DP WORLD won the international tender to manage the Port of Luanda Multipurpose Terminal, it spared no effort to turn it into one of the most efficient in the country.
Ricardo D'Abreu said he believes these actions have resulted in satisfactory figures, where cargo enters and leaves more quickly, products reach their final destination in good time to meet the needs of companies and consumers.
In 2020, DP World Limited won the public tender to manage for 20 years the Multipurpose Terminal of the Port of Luanda, with obligations to pay more than one billion dollars during the operating period.
The operating project of the Luanda Port Multipurpose Terminal is supported by an investment plan of over 250 million US dollars to be carried out over the 20 years of the concession, of which more than 70% will be made through national incorporation.
The investment plan includes rehabilitating the physical infrastructure of the Multipurpose Terminal quay, carrying out works needed to implement a new layout plan and maintaining the jobs of the staff operating at the terminal.
The Multipurpose Terminal of Port of Luanda is a port infrastructure dedicated to the simultaneous operation of general cargo and containers. It has a 610-meter quay with a depth of 12.5 meters, an area of 181,070 square meters and a capacity to handle 2.6 million tons a year.OPF/AC
