AFRICA

Cabinda targets 70% throughput growth by 2010

18 years ago

The Angolan Port of Cabinda is to use a $100m port expansion plan as a springboard to boost exports to neighbouring countries.

Port Strategy: Angolan port commits $100m to expansion

Predicting annual growth figures of between 50% and 70% from 2008-2010, the expansion plan will produce a nine-metre-deep manoeuvring basin for ships with a loading capacity of over 1,000 tonnes, and an 80 metres access channel, allowing for the simultaneous passage of two ships.

Technological, operational and administrative capacities are also being modernised in order to carry out operations in less time and offer more competitive prices through reduced freight taxes.

This year, as part of the central government’s Public Investment Programme for Cabinda, 2007-2008, the port was granted $100m to finance the costs of its expansion. Work on the port is to be completed in Q4 2008.

The Port of Cabinda started its expansion and development over three years ago with an initial internal restructuring. In 2005, it launched a four-year strategy to modernise existing infrastructure and develop new capacity with the aim of boosting its regional importance.