Emirati logistics firm builds deep sea port for Democratic Republic of Congo
The Dubai-based DP World stated that the massive new port will boost trade to the central African country, which is one of the poorest in the world.
A leading Emirati logistics company began construction of a port in the Democratic Republic of Congo today.
Following a ceremony, the Dubai-based DP World started work on the Banana Port, the first deep sea port in the central African country. The Banana Port will be located on the republic’s Atlantic Ocean coastline, which is only 37 kilometers (23 miles) long. The port “will provide significant cost and time savings that will boost the country’s trade,” DP World said in a press release.
The DRC is one of the poorest countries in the world. The majority of the country lives below the international poverty standard. At the same time, the country is rich in natural resources including cobalt and copper, according to the World Bank.
The chairman and CEO of DP World, Sultan Ahmed bin Sulayem, said Banana Port “will attract more direct calls from larger vessels traveling from Asia and Europe, greatly enhancing the country’s access to international markets and global supply chains.”