Atlas Corridor
Component

Namibe Port Rehabilitation and Modernisation Project

port

Cities

Mocamedes
Angola

Cost

$0.6b
$600,000,000

Phases

underConstruction,

Objective

The Angolan government intends to make the port of the city of Moçâmedes (formerly Namibe) one of the most dynamic and competitive in southern Africa, becoming an industrial, logistics and services hub in Southern Angola and a benchmark port for that African region.

Description

This investment will kick-start the second phase of modernisation of the 60-year-old port. This includes the full refurbishment of the docks and the paving of the container yard.

Finance

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$100000000 loan
Development Bank of Southern Africa Development bank
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$211000000 loan
Japan International Cooperation Agency Company

Operators

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APM Terminals

Contractors

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Toyota Tsusho Corporation
Company
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TOA Corporation
Company