UAE Business: DP world and Senegal sign agreement gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
Dubai: DP World, and the Government of Senegal, have signed agreements for the development of a deepwater port at Ndayane, approximately 50 kilometres (km) from the existing port and near the Blaise Diagne international airport.
The new port will further reinforce Dakar s role as a major logistics hub and gateway to West and North-West Africa. It will also support the realisation of President, Macky Sall s ambitious economic development plans for Senegal, the Plan Senegal Emergent (PSE).
Extended 50-year concession
The agreement is part of the 50-year concession for the Port of Dakar, which has two 25-year terms. It starts once operations begin at the new port, according to the addendum to the existing concession of 2017.
DP world and Senegal sign agreement
DUBAI, December 23, 2020 Trade enabler DP World, a global provider of end-to-end logistics solutions, and the Government of Senegal, have signed agreements for the development of a deep-water port at Ndayane. It is approximately 50 kms from the existing port and near the Blaise Diagne international airport. The new port will further reinforce Dakar s role as a major logistics hub and gateway to West and North West Africa, and support the realisation of President Macky Sall s ambitious economic development plans for Senegal, the Plan Senegal Emergent (PSE). DP World s concession for the Port of Dakar, already includes a plan to develop a new container terminal alongside the existing Container Terminal in the Port of Dakar. However, after discussions between Sall and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, it was agreed that it would be more appropriate for Senegal s development to carry out a more ambitious pro