DP World signs deal with Congo govt to develop Banana port
DP World and the government of the Democratic Republic of the Congo (DRC) signed a collaboration agreement for the development of the deep-sea port at Banana.
he agreement was signed in Kinshasa by Cherubin Okende Senga, Minister of Transport and Communication, Adele Kahinda Mayima, Minister of State for Portfolio, Nicolas Kazadi, Minister of Finance, Aime Boji, Minister of State for Budget, and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, and Suhail Al Banna, CEO and MD of Middle East and Africa Region. DRC President Félix-Antoine Tshisekedi was also present on the occasion.
"The conclusion of the Collaboration Agreement follows the signing of a term sheet earlier this year between DP World and the DRC Government, which summarised the agreed amendments to the initial contract signed in 2018. This now paves the way for DP World to begin construction within 12 months of the DRC’s first deep-sea port, which will be located at Banana along the country’s 37km coastline on the Atlantic Ocean," according to an official statement from DP World.
