Market survey – Africa Ports and Marine Terminals
There are 270
opportunities for
investment in African
ports and marine
terminals, with almost US$90
million earmarked for planned
investments on the continent.
This was revealed by global
engineering and project
consulting company, Hatch, in
its 2016 market survey of Africa
Ports and Terminals.
The company’s ports and
marine terminals director, Dr
Gary Mocke, told FTW that the
bulk of the planned investment
(US$31. 5m) was focused on the
container market, followed by
the liquefied natural gas (LNG)
sector at US$14.6m.
According to him, the latter is
driven by a power supply deficit
on the continent, necessitating
the need for development of
alternative energy sources.
“Furthermore, ports and
terminals are often the key driver
or constraint to the development
potential of a country or region,”
said Mocke.
The market survey report split
the investments into terminal
type or commodity mix and then
looked at the various regional
market values on the continent.