|Approval Date||22 Jul 2013|
|Signature Date||08 Nov 2013|
|Planned Completion Date||30 Sep 2020|
|Last Disbursement Planned Date||30 Sep 2020|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||21040|
This operation is for the strategic expansion of the Walvis Bay container terminal project. The Port of Walvis Bay is operated by the Namibian Port Authority (Namport) and serves as a gateway linking some of southern Africa’s major trading regions to international markets. This program to raise the container throughput capacity from 355,000 TEUs to 1,005,000 TEUs was initiated in response to increased trade-related traffic volumes. The project scope comprises the construction of a new container terminal on reclaimed land from the Walvis Bay channel supported by complementary initiatives on logistics and capacity building. The total project cost estimate is ZAR3,419 million (UA252.12 million). Its implementation is over a period of three (3) years.
The sector goal of the project is to promote trade and regional integration. The expected long-term impact of the project includes increased and sustained trade between SADC and the outside world. The objective of the project is to increase the capacity and efficiency of the Walvis Bay Port to respond to the growing freight demand whilst promoting an alternative maritime access on the Southwestern coast of Africa to serve the SADC landlocked countries. The expected outcomes of the project include: improved port efficiency, increased cargo volumes, improved logistics performance and increased inter-regional and international trade.
The project’s beneficiaries are extensive, ranging from the populations and governments of Namibia and the SADC countries, the trade and logistics industry, consumers and exporters at national, regional and international level.
African Development Bank
Government Of Namibia
Namibia Ports Authority (Namport)
|Last Update||01 Dec 2021|
|-22.9575 14.5053||Walvis Bay|