Dubai-based marine terminal operator DP World has commenced the operations of the Multipurpose Terminal (MPT) at the Port of Luanda in Angola.
After the signing of the 20-year concession agreement in January, the MPT was handed over to DP World Luanda by Porto de Luanda.
The company will invest approximately $190m for the development of the terminal.
The terminal is expected to help Angola to become a trade hub along the western coast of Southern Africa and achieve its goals for economic growth.
Currently, the terminal is the eighth port centre, which is being managed and operated by the company in Africa and the Middle East region.
As part of the improvements, new equipment, including 30 trucks, six reach stackers, four empty container handlers, and four forklifts, have been procured.
In addition to new staff facilities, new rubber-tyred gantry cranes (RTGs) will also be included in the terminal’s fleet.
The environmentally friendly RTGs will offer efficiency and will lead to better use of the terminal’s yard.
The company is also planning to invest in numerous community projects.
DP World Luanda CEO Francisco Pinzón said: “I’m honoured to lead and work with the team at DP World Luanda in the next phase of the terminal’s strategic development. Through leveraging our global expertise, technology, and capabilities from across the supply chain, we’ll bring our best practices and systems to the terminal.
“We’ve already begun the process of integrating the local staff into DP World Luanda and will soon start implementing further training and development programmes for them, as well as build the new facilities and install new equipment.”
DP World Middle East and Africa CEO and managing director Suhail Al Banna said: “I’d like to welcome all our Angolan colleagues to the DP World team. We are proud to be in Angola to further develop the terminal as a trade hub in the southern West Africa region, which will support the country’s economic growth objectives by attracting further investment and increased trade.”