Namibia - New Port of Walvis Bay Container Terminal Project

The New Port of Walvis Bay Container Terminal Project is a port expansion project addresses three key operational priorities of the African Development Bank Decade Strategy (2013-2022): infrastructure development, regional integration and private sector development. The project includes the construction of a new container terminal on the land gained from the sea within the Walvis Bay Channel, supported by complementary logistics and capacity building initiatives. The project will run for three (3) years. The expected results of the project include improving the efficiency of the port and increasing freight volume as a result of increased trade in the region, which will boost inter-regional trade and regional integration, development private sector, job creation and the promotion of inclusion, economic growth and poverty reduction. Project outcomes also include increased opportunities for trade, job creation and capacity building that will promote inclusive growth and economic transformation, thus contributing to the fight against poverty in the SADC region ( Southern African Development Community).