Multinational - Studies and Public-Private Partnership Structuring for the construction of São Tomé Deep Sea Transshipment Port


Project Summary

Approval Date 14 Dec 2018
Signature Date 01 Mar 2019
Planned Completion Date 30 Dec 2020
Sovereign / Non-Sovereign Sovereign
Sector Transport
DAC Sector Code 21040
Commitment U.A 1,440,662.7
Status Implementation

Project General Description

The present intervention Studies and Public-Private Partnership Structuring for the construction of São Tomé Deep Sea Transshipment Port. The project should make it possible to improve the supply and quality of maritime transport services in São Tomé. It includes in particular : (i) on the supply side, to provide the country with port infrastructure adapted to international trade and (ii) on the quality side, to achieve a level of the port "service time/waiting time" ratio that will improve the competitiveness of goods and products coming from and/or going to São Tomé. The envisaged port platform will make it possible to interconnect three Regional Economic Communities (RECs), making it a continental infrastructure. Indeed, due to its geographical location, São Tomé offers direct access to the maritime sides of Central Africa (Cameroon, Gabon, Congo), West Africa (Nigeria) and Southern Africa (Angola). The main components of the project are: (A) technical studies and PPP structuring; (B) project management; (C) capacity building; (D) marketing and commercialisation of the project; (E) donor round table and (E) audit.

Project Objectives

The objective of the project is to carry out studies for: (i) confirm the viability of the Fernão Dias site selected for the development of the envisaged deep-water port; (ii) determine the technical, economic, financial and socio-environmental feasibility of constructing the said port; (iii) design and dimension at APS level the future port platform; (iv) propose a PPP model for the concessioning of the future port and (iv) make recommendations. The future port, which is expected to be 16 metres deep, aims to transform São Tomé and Príncipe into a platform for providing services to Central and West African countries by serving as a transhipment site for containers and goods from various parts of the world to those countries.

Beneficiaries

The main beneficiaries of the project are: the Government of the Republic of São Tomé and ultimately the entire population.

Participating Organization

Funding
NEPAD Infrastructure Project Preparation Facility
Implementing
GOUVERNEMNT DE SAO TOME AND PRINCIPE MINISTERE DE ECONOMIE ET DES FINANCES

Information

IATI identifier 46002-P-Z1-DD0-022
Last Update 18 Feb 2020

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Contact Details

Name CODO Pamphile Stanislas
Email p.codo@afdb.org

Geographic Location

Country Multinational