Independent journal on economy and transport policy
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Partnership DP World - CDC Group for the modernization and expansion of African ports and logistics areas
Initial investment in the seaports of Dakar, Sokhna and Berbera
October 12, 2021
The partnership will be concretely activated with the projects of modernization of the ports of Dakar, senegal, sokhna, in Egypt, and Berbera, in Somaliland. DP World and CDC have specified that the respective initial investments planned over the next few years they amount to a billion dollars from part of the Terminalista Emiratense company and about 320 million dollars from CDC which will be followed by another 400 million from of the financial institution of the United Kingdom.
DP World and CDC pointed out that the initial projects relating to the three African ports will allow to support five million jobs and will create 138 thousand with the implementation the expansion and modernisation of the airports.
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