The government of Sao Tome and Principe plans soon to make a decision on the project to build a deep water port, work on which had been due to begin five years ago, Prime Minister Gabriel Costa said, according to Portuguese news agency Lusa.
“We are going to contact Terminal Link and other operators to find out what stage the dossier is at and, above all, to find a path, make a better decision for our country, though obviously respecting agreements that have been made”, said the head of the Sao Tome government.
Costa, who was speaking on the sidelines of the celebrations of 3 February, Day of the Martyrs of Freedom, said that construction of the deep water port was “a fundamental project for development” of the archipelago, which must be taken up again.
The project to build the deep water port is expected to cost US$500 million and will be built in Fernão Dias, 17 kilometres north of the country’s capital. Its main operator is French consortium Terminal Link. (macauhub)