Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

projects

HOME > China Project


Chinese-built Walvis Bay container terminal to be commissioned in August

March 5, 2019


Abstract : Namibia's new container terminal at the coastal town of Walvis Bay which was constructed by a Chinese company will be commissioned on August 1 this year, Acting Chief Executive Officer of Walvis Bay Corridor Group Clive Smith told reporters in capital.

WINDHOEK, March 4 (Xinhua) -- Namibia's new container terminal at the coastal town of Walvis Bay which was constructed by a Chinese company will be commissioned on August 1 this year, Acting Chief Executive Officer of Walvis Bay Corridor Group Clive Smith told reporters in the capital Windhoek on Monday.

According to Smith, the container terminal that will position the country as a regional logistic hub and gateway is currently 91 percent completed with construction expected to be fully finalized at the end of June.

"This is a very exciting time for the country...over the last five years, Namibia has made significant progress in logistic performance and I believe, this port will result in even better performance in the coming years," Smith said.

China Harbour Engineering Company Ltd. started construction work in 2014 while the African Development Bank provided the 300 million U.S. dollars funding.

The container terminal being constructed on 40 hectares of land reclaimed from the sea is expected to increase the container handling capacity from the current 350,000 containers to 750,000 per annum. 


Related Coverage

Focus

Think Tank

  • 'Make in India' and 'Made in China' not zero-sum gam...

    March 1, 2019

    The success "Make in India" initiative will not only be conducive to the de...

  • The fledgling Greater Bay Area needs ‘affable guida...

    February 28, 2019

    From the examples of three bay areas, namely New York, San Francisco and Tok...

  • Economy can resist external pressure

    February 28, 2019

    China is capable of dealing with any pressure because it is committed to dee...

  • Household debt ratio not a cause for concern

    February 26, 2019

    For many families, the mortgage payment to household income ratio is unreaso...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial