Money and business

"Abu Dhabi Ports" The management and development of the Luanda Panola Station begins

Abu Dhabi, January 30 / WAM / Abu Dhabi Ports Group announced today the start of managing and developing a multi -purpose Luanda station and providing logistical services associated with operational operations, according to the concession agreement concluded by the group with the Luanda Ports Authority in April 2024, which contributes to expanding its presence in Africa. The Abu Dhabi Ports Group, in cooperation with its Angolan partners, “Unricaz” and “Malti Parks” in the joint project, began its operations in Natom Ports – Luanda Station among the largest port in the country, which is handling about 76% of container and general goods’ sizes in Angola, as It provides marine access to non -coastal countries such as the Democratic Republic of the Congo and Zambia. The Abu Dhabi Ports Group has 81% of the joint venture to operate the multi -purpose station in cooperation with both Unricaz and Malti Parks, and 90% in the company “Nawatom Unkargaz Logistics Services”, the joint venture with “Unicagaz” which will provide logistical services Integrated, transportation and shipping services for local, regional and international customers. Under the concession agreement, the group will invest more than 250 million US dollars until 2026, to update the station and develop logistical services with the possibility of increasing the value of the investment to 380 million US dollars along the concession period of up to 20 years, which can be extended for another ten years, under the request In the market. Parallel to the start of work on the station, the company “Nawatom Unkargaz Logistics Services” will allocate large investments to provide refrigerated and flat trucks, and update its information technology systems to integrate smoothly with the digital system of Nawat Logistics Services, thus providing an integrated and comprehensive supply chain that enhances the capabilities of Angola to reach International markets. For his part, Muhammad Aydah Al -Menhali, the regional CEO – Abu Dhabi Ports Group said that the group is in a position that allows it to benefit from the growth of containers’ sizes in Angola, which is expected to rise at a rate of 3.3% annually over the next decade. He added that in line with the directives of the wise leadership, Abu Dhabi ports will work through this major investment of the group and its local partners to provide more job opportunities, and to achieve economic progress and prosperity for the Angolan people. In turn, His Excellency Ricardo Sandao Cueros Vegas de Abraio, Angolan Minister of Transport, said that the Luanda Port is the main maritime portal of Angola, a vital center for regional trade and an economic life artery for the region, adding that the strategic partnership with the Abu Dhabi Ports Group is an integral part of broader efforts with different The stakeholders, through which we will work to transform the port of Luanda into a modern and multi -purpose facility, would enhance our logistical capabilities and push economic growth across the central and west regions of the African continent. This cooperation represents a milestone in our mission to modernize the infrastructure and expand access to the global trade markets, which promises a prosperous future for Angola and its partners. He added that the Angolan government will continue to fulfill its obligations towards the Abu Dhabi Ports Group and implement everything necessary in order to achieve the desired results of the huge investment that exceeds $ 250 million to update the station’s infrastructure and enhance regional logistical services, which allows the way to provide more business opportunities for our Chicuna, and pays a wheel Economic growth and achieve prosperity for the Angolan people. The Abu Dhabi Ports Group for Operating Operations in “Nawatoum Ports- Luanda Station” was received completely smoothly without any influence on the workflow at the station that will witness great development and modernization work to enhance the operations of cargo handling operations, containers and rolling ships make the only station in the port of Luanda, which reaches the depth of the Eat It has 16 meters, which enables it to receive the huge “Super Post Panamax” ships with a load of 14,000 stereotypes (20 feet). The station will also be equipped with modern equipment and modern technological systems, and the 192 thousand square meters of square will be redesigned, which contributes to supporting container handling activities more efficient and effective. By the third quarter of 2026, new equipment for the container handle will be installed at the station, which will increase its ability to handle containers from 25,000 stereotypes to 350 thousand stereotypes, and from their ability to handle vehicles to more than 40,000 vehicles. In September 2024, the Abu Dhabi Ports Group announced that contracts were established on the Shanghai Shenhua Heavy Industries Company “ZBMC”, which is one of the largest ports manufacturing companies in the world, according to which three cranes of the “Super Post Panamax”, and eight are supplied, and eight. Hybrid rubber bridge cranes, to be operated at the Luanda Station.

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