Massive port expansion planned to increase capacity

Massive port expansion planned to increase capacity

Massive port expansion planned to increase capacity

Niël Terblanché While Namibia is aspiring to become a new global fuel and energy exporter, port facilities will have to be upgraded to accommodate the new industry and its supply chain needs. Andrew Kanime, Chief Executive Officer of the Namibian Ports Authority (Namport) in an interview with Bloomberg recently, said private investment of N$40 billion is needed for the proposed port infrastructure expansion. Kanime announced plans for new berths and quay walls to support the country’s booming energy industry. The expansion is targeted for the port of Walvis Bay while an entirely new deep-sea port will be built in Lüderitz…
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