Port of Djibouti to Invite Bid for Doraleh Container Terminal Expansion
The Port of Djibouti is planning to invite bids for the expansion of the Doraleh Container Terminal, partly-owned by DP World.
The prospect of a US$300 million development project scheduled to be completed in 2015 is to double the terminal’s annual capacity to around 3 million TEU, Aboubaker Omar Hadi, chief executive officer of the authority, told Bloomberg.
“We are in talks with China, the World Bank and African Development Bank on the project,” he said. “Djibouti is a small market but we are increasing traffic to the hinterland.”
Reportedly, Djibouti has also revealed its intention to construct another five ports in the coming years, including a $180 million facility in Tajourah for the export of minerals and potash from Ethiopia.
World Maritime News Staff, March 12, 2012