DP World, a UAE logistics company based in Dubai and specialized in logistics, port terminal operations, maritime services and free trade zones, signed an agreement of more than 1.1 billion US$ with the Government of Senegal for one of the biggest port investments in Africa, a project of a new deep-water port in Senegal near the capital city Dakar called “le Port du Futur”, a new port located in Ndayane, at approximately 50 km from the current Dakar port.
DP World Dakar, a joint venture between the Port Authority of Dakar (PAD) and Dubai-based logistics provider has been created and will operate the terminal.
The first phase
Will consist of:
- Investment of 800 Million USD.
- Approximately 800 Mt. of quay.
- 5 Km. marine channel.
- Designed to operate 366 Mt.-long ships.
The second phase
Will include the following:
- Investment of 300 Million USD.
- Additional 410 Mt. of container quay.
- Further dredging to manage 400 Mt-long vessels.
- Special economic zone to be developed by DP World next to the Ndyane port.
Once the new port will start to operate, the port of the Dakar area will be transformed into a residential and commercial waterfront and a cruise terminal.
This project will reinforce Dakar’s position as a major logistics hub and as a gateway to the whole West Africa region. This new port project will not only create jobs and new business opportunities but will also attract new foreign direct investment in Senegal.
