DP World signs agreement to develop USD1.1 billion deep water port in Senegal

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DP World signs agreement to develop USD1.1 billion deep water port in Senegal

DP World and the Government of Senegal, have signed an agreement for the development of a deep water port at Ndayane under, approximately 50kms from the existing port and near the Blaise Diagne international airport, Senegal.

DP World Dakar SA, the local joint venture company between DP World and Dakar Port Authority, will not only develop and operate the 300-hectare (ha) container terminal but also finance, design and develop the land and maritime infrastructure of the new 600ha port. The first phase of this project will see an investment by DP World Dakar of US$837 million, which will make it the single largest private sector investment in the history of Senegal and is expected to be followed by the second phase of investment of US$290 million.

Phase 1 will include a new container terminal with 840m of quay and a new 5km marine channel designed to handle 366m vessels and capable of handling the largest container vessels in the world. Phase 2 will create 410m of additional container quay and further dredging of the marine channel to handle 400m vessels.

The first phase of the Ndayane Container terminal will be operated alongside the existing DP World Dakar container terminal. Due to the Government’s vision for the development of the Port of Ndayane as a site for the next 100 years of port activities in Senegal, the container terminal will eventually have over 3 km of quay and 300 ha for the container yard. This will enable the existing Port of Dakar to be redeveloped into a mixed use residential and commercial waterfront and cruise terminal.

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