DP World has been granted a ten-year extension, until 2051, of the duration of the concession contract relating to the multipurpose terminal of the port of Luanda, which the group terminal operator of Dubai signed on 25 January 2021 ( of 28 December 2020). The Middle Eastern company highlighted that since 2021 invested over $260 million to upgrade and modernisation of the Angolan terminal and that over the past five years the container traffic handled by the terminal is almost doubled from 177 thousand to more than 350 thousand TEUs. In addition, DP World is planning an additional investment of 90 million over the next two years to extend the quay of 222 meters and the operating area of 10 hectares, increasing the capacity of annual traffic to 1.2 million TEUs.