Senegal President, Macky Sall, laid the foundation stone yesterday for the construction of a $1.13 billion deep-water port at Ndayane, located around 50 km (31 miles) south of the capital Dakar.
The facility is being developed by Dubai’s state-owned port operator DP World.
According to DP World, the first phase will include:
The second phase will involve 410 metres of container quay and further dredging to handle 400-metre vessels.
DP World chairman, Sultan Ahmed bin Sulayem , said that his company would develop and operate the 300-hectare container terminal, as well as finance and design the land and maritime infrastructure.
The first phase has an investment by DP World Dakar of $837 million. This will make it the single largest private sector investment in the history of Senegal.