WAM
20 Mar 2025, 18:25 GMT+10
DUBAI, 20th March, 2025 (WAM) -- DP World has selected Mota-Engil, a renowned and experienced construction company, to lead the development of the Banana Port, a vital project that will strengthen the DRC's position as a key trade hub.
This partnership marks a major milestone in realising the Banana Port project, which is set to transform the country's trade landscape by providing state-of-the-art infrastructure, reducing business costs, and reinforcing the DRC's economic independence.
The Banana Port will be developed in phases with the first phase designed to accommodate the world's largest vessels and featuring a 600-metre quay, handling capacity of 450,000 TEUs per year and storage 30 hectares of storage area. The second phase will extend the quay wall by over 2 kilometres.
The construction of the port will involve numerous companies, including local enterprises and create thousands of direct and indirect jobs, providing new opportunities for Congolese workers and businesses.
As the country's first fully-equipped maritime gateway, it will cut transport costs, improve trade efficiency, and support local industries, from agriculture to manufacturing.
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, said that DP World is committed to ensuring the construction of world-class infrastructure to the highest standards, boosting economic growth and creating new opportunities for the Congolese people.
Get a daily dose of Professional Autos news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Professional Autos.
More InformationBERLIN, Germany: Audi has announced plans to cut up to 7,500 jobs in Germany by 2029 as part of a broader restructuring aimed at reducing...
SEATTLE/WASHINGTON D.C.: U.S. Transportation Secretary Sean Duffy said last week that the Federal Aviation Administration (FAA) is...
NEW YORK, New York - U.S. stocks rose Wednesday despite the U.S. Federal Reserve signalling a potential slowdown in the U.S. economy,...
WASHINGTON, D.C.: President Donald Trump has reversed a Biden-era executive order requiring businesses with federal contracts to pay...
FRANKFURT, Germany: UBS CEO Sergio Ermotti will receive a pay package of just over 15 million Swiss francs (US$17 million) for 2024,...
PARIS, France: French Prime Minister Francois Bayrou acknowledged over the weekend that the European Union may have miscalculated by...
Moscow [Russia], March 20 (ANI): The Peoples' Friendship University of Russia (RUDN University) in Moscow hosted the International...
DUBAI, 20th March, 2025 (WAM) -- DP World has selected Mota-Engil, a renowned and experienced construction company, to lead the development...
Bengaluru (Karnataka) [India], March 20 (ANI): Dismissing allegations of vendetta politics, Karnataka Deputy Chief Minister DK Shivakumar...
Kolkata (West Bengal) [India], March 20 (ANI: Slovakia's Honorary Consulate was inaugurated in Kolkata on Thursday. The inauguration...
New Delhi [India], March 20 (ANI): India's renewable hydrogen developers hope cost advantages and offtake interest will help kickstart...
Geneva [Switzerland], March 20 (ANI): World Sindhi Congress held a huge protest to voice their concerns over the construction of illegal...