DP World boosts logistics in Senegal with construction of Port of Ndayane

[divider style=”solid” top=”30″ bottom=”30″][dropcap]D[/dropcap]P 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.

His Excellency, Macky Sall, President of the Republic of Senegal, said: “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.”

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said: “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.”

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.

Also Read

Australia’s Swoop Aero extends drone logistics operations in Africa

Seco Marine to start work on InfraCo Africa, Grindrod freight ferry in Uganda

theafricalogistics

Recent Posts

A FedEx Insider at the Helm: What David Steiner’s Appointment Means for the Future of USPS

In a move that is already sparking intense debate across political and labor circles, the…

6 hours ago

Bullish Momentum Propels XRP Price Surge: Analysts Predict Rally to $4.85 Soon

XRP, the cryptocurrency associated with Ripple, has been making headlines as bullish momentum drives its…

11 hours ago

Affirm Reports Profit, But Investors Remain Wary as Fintech Firm Pivots to Sustainable Growth

Affirm Holdings posted a surprise profit in its third fiscal quarter, signaling a notable turnaround…

15 hours ago

Disney Stock: Strong Q2 Earnings and a Landmark Move into the UAE

The Walt Disney Company is making headlines again—this time not just for its financial performance,…

16 hours ago

The End of an Era: What the Planned Closure of the Gates Foundation Means for Global Health

The Bill & Melinda Gates Foundation, a titan in global health philanthropy, has recently announced…

1 day ago

Bitcoin Surges After Fed Holds Rates Steady: What This Means for Crypto Markets

In the wake of the U.S. Federal Reserve's decision to maintain its benchmark interest rates…

1 day ago