China Harbour Engineering Company has officially opened its new US$400 million port terminal in Walvis Bay in Namibia. Located 400 kilometres west of the capital Windhoek, the 40-acre terminal has an annual container handling capacity of 750,000 TEU.
The terminal was reclaimed from the sea at Walvis and is expected to position Namibia as a regional logistic hub and gateway.
China Harbour Engineering Company's vice president Li Yi said out of the 100 port construction projects the company has been involved in, the container terminal project at Walvis Bay is one of its most challenging projects.
Chinese Ambassador to Namibia, Zhang Yiming, said the completion of the new box terminal is a "great project" achieved by the two countries. “We expect Namibia to actively participate in China’s Belt and Road Initiative,?he said, according to Colchester’s Seatrade News.
This is China Harbour Engineering Company's first project in Namibia and also the biggest port project in the history of this southwest African nation.
Source:HKSG GROUP
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