Port of Banana deep-water container port, Democratic Republic of Congo
Name of the Project
Port of Banana deep-water container port.
Location
Democratic Republic of Congo (DRC).
Project Owner/s
British International Investment (BII) and DP World.
Project Description
With a draught of 17.5 m, the Port of Banana is projected to receive large container vessels and serve as the maritime gateway for all containerised imports and exports in the DRC, providing the country with logistical independence and ensuring sovereignty over its foreign trade, BII has said.
These efficiencies are expected to cut the cost of trade in DRC by 12%.
The proposed port will be developed in phases and its capacity is expected to gradually increase.
It will be connected to a network of additional infrastructure, including a free zone and multimodal logistics infrastructure, and to the country’s largest urban centres, including Kinshasa and its almost 17-million inhabitants, through the cities of Boma and Matadi.
The 578 km Banana–Matadi–Kinshasa trade corridor has a population of about 54-million people, who will benefit economically from the new port.
Potential Job Creation
The new port development is expected to create an estimated 85 000 jobs, and generate about $1.12-billion in additional trade and $429-million in increased economic output a year.
Capital Expenditure
BII has committed to investing up to $35-million towards the development of the first phase of the container port.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
BII, tel +44 20 7963 4700 or email enquiries@bii.co.uk.
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