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
$100000000 loan
Development Bank of Southern Africa
Development bank