The News
Dubai-based DP World started work on Senegal’s $1.2 billion Port of Ndayane, part of a plan to transform the African country into a regional trade and logistics hub.
A dredger — “Willem Van Rubroeck” — will create a 5-kilometer shipping channel.
The first phase of the port will handle 1.2 million 20-foot equivalent units (TEUs) annually, with the second phase adding capacity for 410,000 more. The project is expected to create thousands of jobs and boost Senegal’s GDP by 3% within a decade.
DP World, which operates over 70 ports and terminals worldwide, is also expanding its logistics services, committing $2 billion over the next five years to strengthen its presence in Africa.
AD