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Home Logistics

DP World begins construction of US$1.1B port in Senegal

Emmanuel Chilamphuma by Emmanuel Chilamphuma
January 6, 2022
in Africa, Investing, Logistics, Senegal
Reading Time: 2 mins read
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As the leading enabler of global trade, we will bring all our expertise, technology and capability to this port project, the completion of which will support Senegal’s development over the next century. We thank President Sall, his government, and the Port Authority for the trust and confidence placed in us.

DP World, the world’s leading provider of smart logistics, and the Government of Senegal have laid the first stone to mark the start of the construction of the new Port of Ndayane.

The stone laying ceremony follows the concession agreement signed in December 2020 between DP World and the Government of Senegal to build and operate a new port at Ndayane, about 50 km from the existing Port of Dakar.

The ceremony was attended by His Excellency, Macky Sall, President of the Republic of Senegal, and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, as well as a number of Presidents of institutions, members of the Government of Senegal, and local communities.

The investment of more than USD 1 billion in two phases to develop Port Ndayane, is DP World’s largest port investment in Africa to date, and the largest single private investment in the history of Senegal.

“The development of modern, quality port infrastructure is vital for economic development. With the Port of Ndayane, Senegal will have state-of-the-art port infrastructure that will reinforce our country’s position as a major trade hub and gateway in West Africa. It will unlock significant economic opportunities for local businesses, create jobs, and increase Senegal’s attractiveness to foreign investors. We are pleased to extend our collaboration with DP World to this project, which has already delivered great results with the operation of the container terminal at the Port of Dakar,” said His Excellency, Macky Sall, President of the Republic of Senegal.

Also read: 15000 hectares of acacia trees planted in Senegal to combat desert

“Today’s laying of the first stone not only marks the start of construction, but also turning the vision of President Sall, into reality. As the leading enabler of global trade, we will bring all our expertise, technology and capability to this port project, the completion of which will support Senegal’s development over the next century. We thank President Sall, his government, and the Port Authority for the trust and confidence placed in us,” said Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World.

Phase 1 of the development of the port will include a container terminal with 840m of quay and a new 5km marine channel designed to handle two 336m vessels simultaneously, and capable of handling the largest container vessels in the world. It will increase container handling capacity by 1.2 million Twenty Foot Equivalent Units (TEUs) a year. In phase 2, an additional container quay of 410m will be developed.

DP World’s plans also include the development of an economic/industrial zone next to the port and near the Blaise Diagne International Airport, creating an integrated multimodal transportation, logistics and industrial hub.

Related

Source: Press Release
Tags: Blaise Diagne International AirportDP WorldDP World begins construction of US$1.1B port in Senegaleconomic developmentGlobal TradeGovernment of Senegalindustrial zoneInfrastructurelocal communitieslogisticsMacky Sallport infrastructurePort of DakarPort of Ndayaneport projectprivate investmenSenegalSenegal Port AuthoritySenegal PresidentSenegal’s developmentsmart logisticsSultan Ahmed Bin SulayemTEUsСенегалالسنغالセネガル塞内加尔
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Emmanuel Chilamphuma

Emmanuel Chilamphuma

Emmanuel is the founder and principal of Sarko Partners, a UK-based business development agency bridging opportunities between the UK and key African markets. He has developed his career as a Senior Africa-focused Analyst having held positions in different private investment groups operating in Subsaharan Africa. Emmanuel also holds a position at FurtherMarkets where he manages a number of Business Development initiatives connecting Southern Africa to foreign markets, particularly the UK, the US, and the European Union. Emmanuel was born in Zimbabwe to a Malawian family and grew up in London. He holds an International Economic Law degree from the University of London.

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