Last updated on September 11th, 2021 at 03:30 pm
Namibia’s president, Hage Geingob has inaugurated a new $200 million dollars port terminal at Walvis Bay, an extension that will double the country’s port capacity from 350,000 containers to 750,000 per year.
The inauguration ceremony was held on the 40- hectare platform reclaimed from the Atlantic Ocean.
“Namibia has now joined countries such as Australia, Brazil, Dubai and the Netherlands in the utilisation of reclaimed land for port expansion,” said Geingob.
Namport director, Nangula Hamunyela said the terminal not only increases Namport’s assets to N$7,6 billion dollars, but also launches the company’s goal to become a logistics hub for the southern African region.
“Namibia has now joined countries such as Australia, Brazil, Dubai and the Netherlands in the utilisation of reclaimed land for port expansion. ”
“Thus the completion of the container terminal expansion puts us on a firm trajectory towards realising our dream of transforming Namibia into an international logistics hub,” Geingob added.
According to Geingob, Namibia is linked to neighbouring countries through the various transport corridors and hence, must strive to capitalise on this immense investment for harnessing the vast potential of our Southern African Development Community – neighbours that have no immediate access to the ocean.
A key challenge facing African small and medium-sized enterprises (SMEs) is access to finance to survive and grow. The French-speaking…
Heavy rains of late have caused chaos in the Mayo Danay region of northern Cameroon, especially its worst-hit city, Yagoua.…
German and Kenyan officials signed an agreement that the skilled workers from Kenya would make up for the shortfall of…
The court of the Democratic Republic of Congo has sentenced 37 people, including three Americans, a Briton, a Belgian, and…
Cristiano Ronaldo took to his Twitter account to express his happiness and gratitude to his fans, stating that this milestone…
The United Nations warned of a worsening humanitarian situation in Sudan, Chad, and South Sudan, where heavy rain and flooding…
This website uses cookies.