Operations at the Namibia Ports Authority’s new container terminal are expected to commence on 24 August 2019: Kavin Harry

Operations at the Namibia Ports Authority (Namport)'s new container terminal are expected to commence on 24 August 2019, its Acting Chief Executive Officer, Kavin Harry, has said.

Harry, who was speaking at a media briefing ahead of the inauguration of the new terminal here yesterday, added that over the past two weeks, Namport has successfully managed to move most of the container handling equipment from the old container terminal to the new facilities.

The new N.dollars 4.2 billion container terminal, which will be officially inaugurated by President Hage Geingob today, will create a capacity of at least 750 000 Twenty-foot Equivalent Unit (TEUs) per annum (p.a), an increase from the 355 000 TEUs p.a previously, whilst ample space for optimisation and expansion of the initial facility exists, he added.

He noted that the project will not only provide increased container handling capacity in the Port of Walvis Bay, but will also increase the port's bulk and break-bulk handling capacity by freeing up the existing container terminal to become a multi-purpose terminal.

Harry underlined that critical to the overall roll-out of this project was the simultaneous development of a new railway line and road linked to the existing national infrastructure, that ultimately connects the Port of Walvis Bay with our land-locked counterparts in the SADC region.

Funding for the project includes a sovereign guaranteed loan in the amount of US.dollars 272 million (N.dollars 2.9 billion), which was issued in 2013 by the African Development Bank (AfDB), as well as funds from the Namibian Government and Namport itself.

Source: Namibia Press Agency