Zimbabwe Dry Port inaugurated

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 on Friday said the infrastructure will go a long way towards the realisation of economic development and integration of the two countries.

We are indebted to the Namibian Government and its people for granting us 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, Mnangagwa said.

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

The vital integrated infrastructure networks at the Walvis Bay Port offer Zimbabwe plenty of opportunities, options and access to vast markets and destinations.

It also provides us in Zimbabwe 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 million) 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 African Development Bank providing the funding.

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

Namport Board of Director NangulaHamunyela at the same occasion said, since its inception in Namport was mandated to develop ports that not only cater for Namibia's trade requirements, but to serve as a gateway to international markets for neighboring countries within the SADC Region.

Source: Namibia Press Agency