Construction work on the Caio deep-water port in Angola’s Cabinda province is expected to be completed by 2020, said the president of the project’s management company Caio Porto, Jack Helton.
Helton also told Angolan news agency Angop that work is still in the first phase, which consists of dredging the coastal area where the port will be built.
At the end of this phase there will be a terminal 630 metres long, connected to the coast by a 2-kilometre bridge.
The Caio deep-water port will have a 1,130-metre dock to moor up to four ships at the same time, which will be 16 metres deep. The port will have capacity to move about 60 containers per hour.
The project will cover an area of over 2,500 hectares, where customs facilities, workshops with port support and ship repair services, warehouses and commercial establishments will be built.
This port, which will be the first deep-water in Angola, has funding of US$180 million from the Angola Sovereign Fund and the Export and Import Bank of China has granted a loan of US$600 million. Construction work was awarded to the China Road and Bridge Corporation (CRBD). (macauhub)