Independent journal on economy and transport policy
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DP World will acquire control of two port companies in Suriname
It integrates the Port Services, which operates a multipurpose terminal in the port of Paramaribo, Suriname and Port Services, which has a terminal river upstream of the capital
The terminal operator DP World of Dubai Group will acquire control of two port companies in Suriname. It integrates the Port Services (IPS), a company which holds the concession for a multipurpose terminal in the port Nieuwe Haven Paramaribo, Suriname and the Port Services (SPS), a company that owns a private terminal river upstream from the capital Paramaribo. According to expectations, the transaction will be completed during the third quarter of this year.
The port of Paramaribo is currently under renovation. Nieuwe Haven The terminal has a capacity of container traffic of over 100,000 TEUs with a potential to double that volume. In April 2010, IPS has obtained a concession to manage the terminal for a period of 15 years with an option for another 15 years.
The terminal of the SPS is located approximately 20 miles upstream from Paramaribo and is used mainly to service the mining and forestry.
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