PROJECT NAME: OPERATION OF NEW CONTAINER TERMINAL AT THE PORT OF WALVIS BAY

PROMOTER: The Namibia Ports Authority (NAMPORT)

LOCATION: Walvis Bay

SECTOR: Transport and Logistics

BRIEF DESCRIPTION:
The objective of the project is to explore Private Public Partnership (PPP) options to invest in and manage the new container terminal and in so doing to improve operational effi ciency, increase throughput volumes, grow Namport revenue, refurbish and upgrade existing port facilities and develop new facilities at the port to meet the expected growing demand of the port’s container services.

IMPACT:
The new container terminal will have a throughput capacity of up to 750,000 TEU’s per annum and the private operator is expected to optimise the new container terminal to improve operational effi ciency, increase throughput volumes, and grow Namport revenue.

TOTAL INVESTMENT:
Pending further investigations and studies, the project is estimated to cost US$89 million.

IMPLEMENTATION PERIOD:
The selection process for the Transaction Advisor (TA) is expected to commence in 2019 and the feasibility study will be conducted in 2020. Pending the fi nalisation of the feasibility study, the procurement process will commence in 2020.

CONTACT DETAILS:
Kavin Harry Acting Chief Executive Offi cer Namport
Tel: +264 64 208 2209
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