"Maritime Works Begin At $1.2 Billion Port In Senegal"

" Maritime Works Begin At $1.2 Billion Port In Senegal \r\n\r\nUAE-based logistics giant DP World has commenced maritime works at the $1.2 billion Port of Ndayane in Senegal. The arrival of the dredger Willem Van Rubroeck of Jan De Nul Group marked the start of construction.\r\n\r\nThe vessel will dredge a 5-kilometer-long shipping channel, DP World said, noting that this is an essential step in building the high-capacity port designed to elevate Senegal\u2019s trade infrastructure.\r\n\r\nAs disclosed, phase 1 of the project includes an 840-meter quay and a 5-kilometer channel capable of accommodating the world\u2019s largest container ships. The construction in this phase is expected to create a capacity to handle 1.2 million TEUs annually. Phase 2 will add a further 410-meter quay.\r\n\r\nDuring construction, the project is expected to create over 1,800 jobs, and once operational, 2.3 million jobs across Senegal, including 22,000 tied directly to expanded trade. DP World is collaborating with British International Investment (BII), the UK\u2019s development finance agency, to deliver the job.\r\n\r\nNote that the Port of Ndayane builds on DP World\u2019s work at the Port of Dakar. This port has grown from handling 300,000 TEUs in 2008 to 800,000 TEUs in 2023, the company said, however adding that the Dakar port\u2019s location within a densely urbanized area limits expansion, making Ndayane a strategic solution to support Senegal\u2019s long-term trade and economic growth ambitions.\r\n\r\nAhmed bin Sulayem,\u00a0DP World\u2019s Chairman and CEO, commented:\u00a0\u201cWe believe in Senegal\u2019s economic potential and fully support the government\u2019s ambitions for the nation. The Port of Ndayane will elevate Senegal and impact trade across the African continent. We are proud of our achievements with the Port of Dakar, and Ndayane marks the next level\u2014positioning Senegal as a key trade hub for the region. Our plans extend beyond the port. We will develop an economic zone near the port and Blaise Diagne International Airport, which is expected to create even more employment than the port itself.\u201d\r\n\r\nTo remind, DP World and the government of Senegal laid the first stone to mark the construction of the Port of Ndayane a few years ago."

"Maritime Works Begin At $1.2 Billion Port In Senegal"

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