The first phase of this project will see an investment by DP World Dakar of US$ 837mn
DP World, and the Government of Senegal, recently signed agreements for the development of a new deepwater port at Ndayane, approximately 50km from the existing port and near the Blaise Diagne international airport.
After discussions in the capital Dakar between Senegalese President Macky Sall and the visiting Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, it was agreed that it would be more appropriate for Senegal’s development to carry out a more ambitious project and build an entirely new port outside the city.
Accordingly thereafter agreements were signed between Alioune Ndoye, Minister of Fisheries and Maritime Economy of Senegal; Aboubacar Sedikh Beye, Director-General of the Autonomous Port of Dakar (PAD), and DP World’s Chairman, paving the way for the development of the new port.
DP World Dakar SA, 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$ 837mn, 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$ 290mn.
Two-phase construction
Phase 1 will include a new container terminal with 840m of the 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. The container terminal will eventually have over 3km of quay and 300ha 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.
Senegal recently became the second country to join the World Logistics Passport, a major initiative by Dubai established to increase trading opportunities between developing markets.
