Namibia - New Port of Walvis Bay Container Terminal Project


Project Summary

Approval Date 22 Jul 2013
Signature Date 08 Nov 2013
Planned Completion Date 30 Jun 2018
Last Disbursement Planned Date 30 Jun 2018
Sovereign / Non-Sovereign Sovereign
Sector Transport
DAC Sector Code 21040
Commitment U.A 1,000,000
Status Completion

Project General Description

The New Port of Walvis Bay Container Terminal Project is a port expansion project addresses three key operational priorities of the African Development Bank Decade Strategy (2013-2022): infrastructure development, regional integration and private sector development. The project includes the construction of a new container terminal on the land gained from the sea within the Walvis Bay Channel, supported by complementary logistics and capacity building initiatives. The project will run for three (3) years. The expected results of the project include improving the efficiency of the port and increasing freight volume as a result of increased trade in the region, which will boost inter-regional trade and regional integration, development private sector, job creation and the promotion of inclusion, economic growth and poverty reduction. Project outcomes also include increased opportunities for trade, job creation and capacity building that will promote inclusive growth and economic transformation, thus contributing to the fight against poverty in the SADC region ( Southern African Development Community).

Project Objectives

The sector objective of the project is to promote trade and regional integration. The expected long-term impact of the project includes increasing and sustaining trade between the Southern African Development Community (SADC) and the rest of the world. Specifically, the project aims to increase the capacity and efficiency of the Port of Walvis Bay to meet growing freight demand and is an alternative route to the south-west coast of Africa to serve SADC countries.

Beneficiaries

The beneficiaries of the project are diverse and include the people and the government of Namibia as well as that of other SADC countries. Trade and logistics industries, consumers and exporters at the national, regional and international levels are also beneficiaries.

Participating Organization

Funding
Middle Income Countries Fund
Implementing
Namibia Ports Authority (Namport)

Information

IATI identifier 46002-P-NA-DD0-003
Last Update 31 Oct 2019

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Contact Details

Name MALINGA Richard
Email r.malinga@afdb.org

Geographic Location

Country Namibia