Terminal tender

The Government of Angola opened the public tender for the management of the Port of Lobito’s multipurpose container and general cargo terminal, with a 20-year execution period.

“The purpose of the tender is the management, exploitation and investment in expanding the capacity of the Commercial Port of Lobito’s Multi-Purpose Container and General Cargo Terminal, a port infrastructure comprising a total area of 241,540.94m2, with the capacity to handle over one million tonnes of non-container cargo and 250,000 TEUs,” said the Government.

Companies interested in participating in the tender must have a paid-up equity capital of no less than the equivalent of US$25m; an average annual business volume for the last 3 financial years of no less than the equivalent of US$100m; and a net asset value of no less than the equivalent of US$100m.

The Government has also specified that applicant companies must have, directly or through subsidiaries, a share of no less than 25% in at least three concession operations for port terminals in the last 3 years, including at least 50% in one of those operations, with an average annual traffic over the last three years of no less than 250,000 TEUs.

The deadline for the submission of applications is 16 August.