Deepwater port in Mindelo, Cape Verde, to create jobs and generate revenue

2 February 2010

Mindelo, Cape Verde, 2 Feb – Construction of the deepwater port in Mindelo will generate annual revenue of between 14.2 million and 21.4 million euros up to 2023, the head of Cape Verde’s National Port Administration Company (Enapor) has stated.

Franklim Spencer specified that besides creating 300 to 500 direct jobs, an infrastructure of such nature would lower the cost of importing products, for an annual saving of from 2.8 million to 4.2 million euros.

Spencer made his comments on Monday in Mindelo (São Vicente Island), during a speech at the Third Meeting of Ambassadors and Representatives of International Organizations accredited in Cape Verde. The gathering was organized by the Cape Verdean Foreign Ministry.

The Enapor president recalled the advantages of a project in Porto Grande bay, given that it is a natural deepwater area with no need for dredging.

Enapor is investing in modernization of the island country’s port infrastructures to expand its traditional market, extending it to Mauritania and Liberia, and to support oil company vessels operating in the Atlantic, he told the Portuguese news agency Lusa last September.

The idea is to have the Mindelo port become a centre for the fishing business, as it is already used by the Portuguese and Spanish fleets for fish transhipment, offloading, product conditioning and reloading for destination. In the future it may also be used by the ship repair sector. (macauhub)