DP World and the Government of Angola, today signed a Memorandum of Understanding with the aim of cooperating to further develop the country’s trade and logistics sector. The MoU paves the way for the two parties to enter into formal discussions to explore cooperation in the areas of ports and terminals, special economic zones and logistics parks, cross border trade facilitation, trade finance and marine services, as well as logistics support in other commodity-based sectors.DP World began operations at the Multipurpose Terminal at the Port of Luanda on 1 March 2021 after it was awarded a 20-year concession to manage, operate and modernise the facility.Since then, DP World Luanda has invested in new equipment and facilities, technology and the development and training of staff, as part of a USD 190 million initial investment to transform the terminal into a major maritime hub along the western coast of Southern Africa. Following the implementation of the MPT’s development and modernisation plan, the teams at DP World Luanda increased operational efficiency threefold within the first six months of starting operations. The team also achieved the feat of being the first terminal in the country to handle two large vessels simultaneously.We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet.
DP World and the Government of Angola, today signed a Memorandum of Understanding with the aim of cooperating to further develop the country’s trade and logistics sector. The MoU paves the way for the two parties to enter into formal discussions to explore cooperation in the areas of ports and terminals, special economic zones and logistics parks, cross border trade facilitation, trade finance and marine services, as well as logistics support in other commodity-based sectors.DP World began operations at the Multipurpose Terminal at the Port of Luanda on 1 March 2021 after it was awarded a 20-year concession to manage, operate and modernise the facility.Since then, DP World Luanda has invested in new equipment and facilities, technology and the development and training of staff, as part of a USD 190 million initial investment to transform the terminal into a major maritime hub along the western coast of Southern Africa. Following the implementation of the MPT’s development and modernisation plan, the teams at DP World Luanda increased operational efficiency threefold within the first six months of starting operations. The team also achieved the feat of being the first terminal in the country to handle two large vessels simultaneously.We think ahead, anticipate change and deploy industry-leading digital technology to further broaden our vision to disrupt world trade and create the smartest, most efficient and innovative solutions, while ensuring a positive and sustainable impact on economies, societies and our planet.
