The newly inaugurated Zimbabwe Dry Port is set to serve: EmmersonMnangagwa

The newly inaugurated Zimbabwe Dry Port is set to serve as a transit and storage facility for vehicles and goods and increase business and trade opportunities between Zimbabwe and the rest of the world.

Zimbabwean President, EmmersonMnangagwa, who officially inaugurated the dry port here yesterday, said the infrastructure will go a long way towards the realisation of economic development and integration of the two countries.

Mnangagwa said they are indebted to the Namibian Government and its people for granting them this rare gift of land to enable Zimbabwe to be part of Namibia's grand plan to make its port a regional logistics hub in the Southern African Development Community (SADC) region.

The president added that this gesture remains a testimony of the fraternal bonds that exist between Zimbabwe and Namibia.

He also said the vital integrated infrastructure networks at the Walvis Bay Port offer Zimbabwe plenty of opportunities, options and access to vast markets and destinations and further provides Zimbabweans with an alternative direct shipping route on the Atlantic side, for both imports and exports from the Americas, Far East, Europe and West Africa.

The US.dollars 3.5 million (N.dollars 49 315 000) dry port facility's construction began in 2015 and was spearheaded by Road Motor Services, a subsidiary of the National Railways of Zimbabwe, in partnership with the Walvis Bay Corridor Group, with funding provided by the African Development Bank.

The new container terminal, built on a 19 000 square metre piece of land, is set to double the port's container handling capacity from the current 350 000 to more than 750 000 containers.

Source: Namibia Press Agency