Ver Angola

Economy

Competition for the management of the Port of Luanda already has eight companies competing

Eight companies, national and foreign, applied for the International Public Tender to manage the Multipurpose Terminal at the Port of Luanda. The tender was launched on 16 December 2019 and remains open until 30 March this year.

:  Angola Image Bank
Angola Image Bank  

According to the preliminary results presented this Wednesday by the Chairman of the Board of Directors of the company, Alberto Bengue, investors from the United Arab Emirates, Philippines, Angola, China, France, Nigeria and Switzerland have shown interest in the management of the Port of Luanda.

Alberto Bengue also said, cited by the Angop agency, that the company that wins the tender will have in its hands a great advantage: per year the terminal can move around 2.6 million tons.

However, the company that wins will have to meet a number of requirements, including ensuring financial capacity to manage and operate the terminal, making investments in the terminal and ensuring sufficient resources to bring revenue to the country's Gross Domestic Product.

The tender serves to assign the management of the terminal to a private entity. According to Angop, the winning company will manage the Port of Luanda for 20 to 25 years.

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