AD Ports Group has announced the completion of an environmental and social impact study, as part of its 30-year concession agreement with the Government of the Republic of the Congo–Brazzaville, for managing and operating the multipurpose New East Mole Terminal in Pointe-Noire in the Republic of the Congo–Brazzaville.
The study was conducted using diverse scientific methodologies in line with the national Congolese regulations and international best practices such as International Finance Corporation (IFC) environmental and social performance standards.
It outlines the optimum recommendations for AD Ports Group to enhance the social, communal and environmental performance of the project during the construction and operational phases.
New facility with digital services
Apart from the provision of state-of-the art hardware such as equipment’s and cranes Group’s commitment to this project, AD Ports Group will also provide the new facility with digital services and technological solutions to enhance its efficiency and minimise impact of its operations on the environment.
“Conducting these environmental studies before we embark on any project reflects our approach focused on integrating Environmental, Social, and Governance (ESG) considerations into our business practices to drive sustainable growth and create long-term value for all stakeholders,” stressed Mohamed Eidha Tannaf AlMenhali, Regional CEO, AD Ports Group.
Under the terms of the agreement signed in June 2023, AD Ports Group will have the exclusive right to invest in the development, operation, management and maintenance of the “New East Mole Port” that will handle containers, general cargo, break-bulk and other types of cargo.
AD Ports Group will invest more than US$ 500mn over the life of the concession, with around US$ 220mn allocated for phase 1, which is expected to be completed over the next 30 months.
