DP World is planning to spend $330m to expand the cargo throughput at its port in Djibouti.

The expansion includes construction of a quay and container handling equipment at its Doraleh container terminal (DCT), which is expected to be completed by 2014.

Upon completion, the expanded port will be able to handle three million containers a year, an increase on the current 800,000t, and one million containers by mid 2012.

Djibouti Ports and Free Zones Authority is also planning to launch a tender for the works in early 2012.

Djibouti serves as a port for its landlocked neighbour Ethiopia, which accounts for about 70% of traffic, according to Reuters.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.