DP World, Dubai’s state-owned port operator, has started work on a $1.13 billion deep-water port in Ndayane, Senegal.
According to Ships and Ports, Senegal’s President, Macky Sall, laid the foundation stone for the project, which is located about 50 kilometres south of the country’s capital, Dakar. According to him, DP World Dakar is the largest private investment in the West African country and is a joint venture between the Dubai corporation and the Port Authority of Dakar.
“We are ready for the structural transformation of our economy with this mega project,” he added.
The first phase of the project, according to DP World, will have 840 meters of quay and a 5-kilometre marine channel designed to handle 366-meter boats, with a second phase adding 410 meters of container quay and further dredging to handle 400-meter vessels.
Sultan Ahmed bin Sulayem, Chairman of DP World, stated that the business would develop and operate the 300-hectare container terminal, as well as finance and design the land and sea infrastructure.
“It represents a brighter future as this new port will bring greater economic growth, prosperity, and jobs,” it added.
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