DP World has extended its contract to operate the multipurpose terminal at the Port of Luanda, Angola for another 10 years until 2051. This contract allows DP World to continue developing and improving the terminal's infrastructure.
Investment and Terminal Development
Since the start of operations in 2021, DP World has spent over $260 million on upgrading and modernizing the terminal. Over the past five years, the number of twenty-foot equivalent units (TEUs) processed at this terminal has nearly doubled, increasing from 177,000 TEU to over 350,000 TEU. This growth has been supported by the addition of 28,000 square meters of yard space.
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To support this increased capacity, DP World has also purchased two new mobile harbor cranes (MHC) and an additional loading device this year, bringing the total number of MHCs to eight and increasing the number of refrigerated plugs from 630 to 700.
New Expansion Plan
At the inauguration of the new terminal building at the Port of Luanda, DP World announced that over the next two years, it will invest an additional $90 million in the development and improvement of the terminal's infrastructure, equipment, and operational capabilities. This expansion will increase the terminal's quay length to 222 meters and the operational area to 10 hectares, raising the terminal's design capacity to 1.2 million TEU.
Additionally, with the purchase of three ship-to-shore (STS) cranes and 12 semi-automated rubber-tired gantry (RTG) cranes, this terminal will be able to accommodate two Post-Panamax vessels simultaneously, positioning Luanda as a leading gateway for containers in Central Africa and an important trade hub in Sub-Saharan Africa.
This expansion will contribute to local job creation and industrialization, enhance export competitiveness, and attract foreign investment to develop sustainable trade flows.
Mohammed Akouji, CEO and Executive Director for Africa at DP World, stated: "The expansion of DP World Luanda is a significant milestone not only for Angola but for the wider region. The ability to accommodate larger vessels will strengthen new shipping services and enhance the terminal's potential as a gateway for West and Central Africa."
Paco Pinzon, CEO of DP World Luanda, added: "Our contract extension until 2051 reflects our long-term commitment to Angola and its future as a leading regional trade gateway."
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