RSGTI to boost trade at Port of Tadjourah
Red Sea Gateway Terminal International (RSGTI) and the Port of Tadjourah have teamed up to operate the multipurpose facility at the intersection of the Red Sea and Arabian Sea, on the East African coast.
The partnership aims to boost the port’s capacity, making it a key gateway for cargo not only to Djibouti but also to the Ethiopian hinterland, supporting the region’s trade and economic development.
“The Port of Tadjourah in Djibouti is the only viable trade gateway to the large and growing Ethiopian market of over 130 million people,” said RSGTI director of global investments, Gagan Seksaria.
“This partnership is representative of RSGTI’s global investment strategy, focusing on container and multi-purpose terminals in critical markets across Africa, Asia and other developing regions globally.”
Opened in 2017, the Port of Tadjourah was initially designed to enable the export of potash as well as handle general cargo such as coal, steel, LPG, fertiliser and agricultural products.
Spanning 400,000 square metres, the port has two berths totalling 485 metres in length, with a draft depth of over 14 metres, and a 190-metre-long RoRo quay.
With an annual capacity of 5 million tonnes of general cargo, the port is strategically connected to Ethiopia via a newly developed road, linking it to Addis Ababa.
RSGTI is the global investment arm of Jeddah-based Red Sea Gateway Terminal, Saudi Arabia’s largest terminal operator.
“We look forward to working closely with our new partners in Djibouti to upgrade the facilities and improve the efficiency of operations at the Port of Tadjourah, excellently located in strategic proximity to our flagship operations at Jeddah, to facilitate the port’s emergence as a key node in the Red Sea and East African supply chain,” said RSGTI chief executive Jens O. Floe.