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The investment of US$1.13 billion to develop Port Ndayane in two phases is DP World’s largest port investment in Africa to date
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Phase 1 will include a container terminal with 840 meters of quay and a new 5-kilometer of marine channel designed to handle two 336-meter vessels simultaneously
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In phase 2, an additional container quay of 410 meters will be developed
Emirati multinational logistics company DP World and the government of Senegal have laid the first stone to mark the start of the construction of the new Port of Ndayane in the Western African country.
The stone-laying ceremony held on January 3 follows the concession agreement signed in December 2020 between DP World and the government of Senegal to build and operate a new port at Ndayane, about 50 kilometers from the existing Port of Dakar.
The ceremony was led by Senegal President Macky Sall and Sultan Ahmed bin Sulayem, group chairman and CEO of DP World.
The investment of US$1.13 billion in two phases to develop Port Ndayane is DP World’s largest port investment in Africa to date, and the largest single private investment in the history of Senegal, DP World stated.
Sall said the Port of Ndayane will allow Senegal to have state-of-the-art port infrastructure that will reinforce his country’s position as a major trade hub and gateway in West Africa.
“It will unlock significant economic opportunities for local businesses, create jobs, and increase Senegal’s attractiveness to foreign investors. We are pleased to extend our collaboration with DP World to this project, which has already delivered great results with the operation of the container terminal at the Port of Dakar,” he added.
Ahmed said DP World will “bring all our expertise, technology and capability to this port project, the completion of which will support Senegal’s development over the next century.”
Phase 1 of the development of the port will include a container terminal with 840 meters of quay and a new 5-kilometer of marine channel designed to handle two 336-meter vessels simultaneously, and capable of handling the largest container vessels in the world. It will increase container handling capacity by 1.2 million twenty foot equivalent units a year.
In phase 2, an additional container quay of 410 meters will be developed.
DP World’s plans also include the development of an economic/industrial zone next to the port and near the Blaise Diagne International Airport, creating an integrated multimodal transportation, logistics and industrial hub.
