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Freight & Trading Weekly

Almost $90m committed to African ports infrastructure

09 Nov 2016 - by Adele Mackenzie
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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.



 

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