webvic-b

DP World and Senegal government lay foundation stone of Port of Ndayane

The investment of more than US$1bn in two phases to develop Port Ndayane, is DP World’s largest port investment in Africa. (Image source: DP World)

DP World, the worlds 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 followed 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 HE 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 US$1bn 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.

HE 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.”

Phase one of the development of the port will include a container terminal with 840 m of quay and a new 5 km marine channel designed to handle two 336 m 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 two, an additional container quay of 410 m will be developed.

Most Read

Latest news