Dubai’s state-owned port operator DP World has begun the construction of a $1.13bn deep-water port in Ndayane, Senegal.
Senegal’s President, Macky Sall, laid the foundation stone for the project situated around 50km south of the nation’s capital, Dakar, Ships and Ports reports.
According to him, DP World Dakar is a joint venture between the Dubai company and the Port Authority of Dakar and is the biggest private investment in the West African country.
“We are ready for the structural transformation of our economy with this mega project,” he added.
According to DP World, the first phase of the project will include 840 metres of quay and a 5km marine channel designed to handle 366-metre vessels, with a second phase adding 410 metres of container quay and further dredging to handle 400-metre vessels.
DP World Chairman, Sultan Ahmed bin Sulayem, added that the company would develop and operate the 300-hectare container terminal, and finance and design the land and maritime infrastructure.
“It represents a brighter future as this new port will bring greater economic growth, prosperity, and jobs,” it added.