Dry Port at Penguila, Angola is a successful public-private partnership

19 September 2011

Luanda, Angola, 19 Sept – The operations director at the Angolan dry port of Panguila (Cacuaco), Parsifal Pires, said Friday in Luanda that construction of the second line terminal was the most “flagrant” example of a successful public-private partnership in the country’s port sector.

According to the manager, who was speaking to Angolan news agency Angop on the theme of, “Port facilities as a springboard to development,” for the company that manages the terminal, Sociedade Gestora de Terminais (Sogester), the partnership with the Angolan government has been fruitful as shown by the investments that are already underway.

He said that the second line terminal had been built using the company’s own funds, which meant that Sogester was focused on working towards the development of more modern port facilities.

In terms of the importance of managing terminals in a country which, like Angola, largely depended on imports, he said it was a great responsibility because if the work was carried out well the domestic economy benefited from goods arriving without having to wait over 20 days to leave the port.

Sogester, which is the result of a partnership between (Maersk Group) and Angola’s Gestão de Fundos, is responsible for around 60 percent of the goods that leave the port of Luanda. (macauhub)