The Preferred Access to Southern Africa
The opportunities presented by the ocean, known as the “blue economy”, hold much promise for Namport in particular, and for Namibia in general. Operating in a country with limited internal expansion opportunities and a small domestic market, it is well known that the country has to look beyond its borders for future development possibilities. The stable political environment in Namibia continues to attract foreign direct investment, and the country is gearing itself to capitalise on every opportunity that presents itself.
GEARED FOR LONG-TERM GROWTH
Strategically situated to offer direct access to principal shipping routes, Namport plays a significant role in facilitating global and regional trade. During the past two decades, Namport has made great strides in growing in size and significance from a national port to a key role player in the Southern African Development Community (SADC) region.
Currently under construction at the Port of Walvis Bay, the New Container Terminal Project is a mega-project that will add 750,000 TEUs (unit of cargo capacity) per annum to the current container capacity. The terminal is scheduled for commissioning in 2019.
The first phase of the northern development, located 5 km north of the current port of Walvis Bay, is also currently underway. This development will form an important part of the Namibian Logistics Hub, which will position Walvis Bay as a major gateway to landlocked countries in the SADC region.
These two expansion projects are set to further increase Namport’s relevance in regional trade, and enable the country to compete as a logistics hub for regional and international trade.
THE FUTURE IS CHANGING
Ports in other countries in southern and western Africa are also expanding their facilities at a rapid pace, and planning major developments linking up to trans-African corridors by rail or road. As more mega vessels are being built for the major shipping lines, there is an urgent need for regional ports to cater for larger container vessels. For Namport to remain relevant, we need to gain an advantage by having suitable infrastructure for these larger vessels at our ports without delay.
Namport is already considering various infrastructural and technical changes to accommodate larger container vessels at the port of Walvis Bay, as well as extending the main quay at the port of Lüderitz to accommodate two container vessels at the same time.
Africa’s young and growing population are the consumers of tomorrow who will increase demand for sophisticated imported goods, and develop products for export.
Please visit www.namport.com.na for more information.