Dakar Seaport

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On June 5, 2007, the government of Senegal awarded to DP World a 25 year concession contract to develop and operate the existing container terminal at Dakar, Terminal à Conteneur, and to build and operate a new container terminal at Port du Futur. The award followed an international tender process, involving 4 bidders: DP World, Maersk-Line, Getma and the former concessionaire Bollore Group. Bollore Group had been managing the port under a concession contract since 1987. It was reported that the choice of the new concessionaire was based on technical factors and proposed level of investment. On October 8, 2007, the contract was officially signed by Senegal Prime Minister Cheikh Hadjibou Soumaré and the responsibility for operating and developing Senegal’s most important container terminal was formally handed to DP World. DP World was expected to take over the operation of the port in January 2008. Under the terms of the contract, DP World was expected to be responsible for the management of the existing container terminal, Terminal à Conteneur, and for the construction and operation of a second terminal at Port du Futur. However, as of April 2008, Bollore Group was still in charge of operation. DP World took over management of the port in June 2008. DP World agreed to invest US$134 million for the existing terminal and US$476 million for the second phase of the project, the construction of the Port du Futur container terminal. At signature, DP World confirmed its plan to build a total of nine gantry cranes on the present container terminal and the Port du Futur. The capacity of the existing port was expected to double to around 550,000 TEUs by 2010. The terminal at Port du Futur was expected to become operational by 2011, with a capacity of 1.75 million TEUs. On November 30, 2011, the expanded and upgraded Terminal a Conteneur was officially opened. It's capacity had risen to more than 600,000 TEUs. In 2012, it became known that some 71 billion CFA franc was invested between 2008 and 2011, which had resulted in a 30% increase in activity.