SPECIAL OFFER • LIMITED TIME

Ruzave Alliance

Get real-time shipping updates, verified business visibility, and growth tools for your Alliance Group — First Come, First Serve.

Ruzave Alliance
Verified Network
📈 Business Growth/Chat
🌍 Global Community
Trusted by shipping professionals • Download the app now

BII is teaming up with DP World to invest in a deep-water container port.

BII is teaming up with DP World to invest in a deep-water container port.
blog image
Maritime
Port Terminal Services

BII is teaming up with DP World to invest in a deep-water container port.

The UK’s development finance institution, BII, has committed up to $35 million to the first phase of developing a new container terminal in the Democratic Republic of Congo (DRC), partnering with DP World for this project. This investment marks a significant expansion of their collaboration, which already includes stakes in the ports of Dakar, Sokhna, and Berbera in Senegal, Egypt, and Somaliland, respectively. BII, which holds minority stakes in these existing ports, will similarly become a minority investor in the Port of Banana. This new project will enhance the port infrastructure in the DRC, boosting its capacity and connectivity while reinforcing the ongoing partnership between BII and DP World. The new port will be designed with a draft of 17.5 meters, allowing it to handle large container ships. The development will occur in multiple phases to gradually expand its capabilities and integrate with other infrastructure projects. This phased approach will ensure that the port not only meets the needs of big vessels but also connects efficiently with surrounding infrastructure, enhancing its overall functionality and impact on regional trade. 


22 Aug 24
blog image
Maritime
Port Terminal Services

BII is teaming up with DP World to invest in a deep-water container port.

The UK’s development finance institution, BII, has committed up to $35 million to the first phase of developing a new container terminal in the Democratic Republic of Congo (DRC), partnering with DP World for this project. This investment marks a significant expansion of their collaboration, which already includes stakes in the ports of Dakar, Sokhna, and Berbera in Senegal, Egypt, and Somaliland, respectively. BII, which holds minority stakes in these existing ports, will similarly become a minority investor in the Port of Banana. This new project will enhance the port infrastructure in the DRC, boosting its capacity and connectivity while reinforcing the ongoing partnership between BII and DP World. The new port will be designed with a draft of 17.5 meters, allowing it to handle large container ships. The development will occur in multiple phases to gradually expand its capabilities and integrate with other infrastructure projects. This phased approach will ensure that the port not only meets the needs of big vessels but also connects efficiently with surrounding infrastructure, enhancing its overall functionality and impact on regional trade. 


22 Aug 24
blog image
Maritime
Port Terminal Services

BII is teaming up with DP World to invest in a deep-water container port.

The UK’s development finance institution, BII, has committed up to $35 million to the first phase of developing a new container terminal in the Democratic Republic of Congo (DRC), partnering with DP World for this project. This investment marks a significant expansion of their collaboration, which already includes stakes in the ports of Dakar, Sokhna, and Berbera in Senegal, Egypt, and Somaliland, respectively. BII, which holds minority stakes in these existing ports, will similarly become a minority investor in the Port of Banana. This new project will enhance the port infrastructure in the DRC, boosting its capacity and connectivity while reinforcing the ongoing partnership between BII and DP World. The new port will be designed with a draft of 17.5 meters, allowing it to handle large container ships. The development will occur in multiple phases to gradually expand its capabilities and integrate with other infrastructure projects. This phased approach will ensure that the port not only meets the needs of big vessels but also connects efficiently with surrounding infrastructure, enhancing its overall functionality and impact on regional trade. 


22 Aug 24