The Senegalese government has signed an agreement with Dubai Ports World (DP) World, an UAE multinational logistics company headquartered in Dubai, United Arab Emirates, which specializes in cargo logistics, port and terminal business, maritime services and free trade zones, and develops deep water in Ndayane port.

Alioune Ndoye, Minister of Fisheries and Marine Economy of Senegal, and Sultan Ahmed bin Sulayem, Chairman and CEO of DP World Group, had a fruitful discussion with Senegalese President Macky Sall and the CEO of DP World in a constructive and detailed manner.

Project Overview

According to the agreement, DP World Dakar SA, a local joint venture between DP World and the Port of Dakar, will inject US$837 million to implement the first phase of the project. This phase includes the development of a 300-hectare container terminal, a 5 km seaway, and the construction of an 840 m wharf (18 m deep) that can accommodate Panamax and 366 m long ships.

The second phase of the project will mobilize 290 million US dollars, will build a second 410 m wharf, and additional dredging.

DP World will also develop a special economic zone near the port of Ndayane and add new road and rail connections to increase Senegal’s attractiveness to foreign investors in West Africa.

Expectations of the project

The port is located in the Petite-Côte port south of Dakar. After completion, it will greatly reduce traffic congestion at the Dakar Autonomous Port. The port currently captures 95% of the country’s trade, but also 80% of hydrocarbons. And 65% of other traffic from Mali.

It will also create jobs, attract new foreign direct investment into the country, and create new trade opportunities, thereby bringing economic diversification.Editor/Huang Lijun