Transport

Port

GENDER SENSITIVITY

 

URBAN-RURAL CONNECTIVITY

 

CLIMATE SENSITIVITY

 

PIDA PROGRAMME:
26 - Southern Africa Hub Port and Rail Programme

LATEST ACTUAL STAGE:

S2B: Feasibility (2017)

PROJECT LOCATION

Namibia

PROJECT INSTITUTION:

Namibia Port

BENEFICARY COUNTRIES

Namibia

PROJECT DIMENSIONS:

Channel Depth: 17 m

TEU Throuput: 837000 TEUs p/a

STARTING_DATE:

COMPLETION_DATE:

PREPARATION COST:

8.00 million USD

CAPEX COST:

275.00 million USD

PROJECT STAGE:

S2B: Feasibility

PROJECT FEATURED IN:

Walvis Bay Port New Container Terminal

Construction of New Container Terminal at the Port of Walvis Bay in Namibia.

DESCRIPTION

Strategically located half-way down the coast of Namibia, with direct access to principal shipping routes, Walvis Bay is a natural gateway for international trade. Walvis Bay is Namibia's largest commercial port, receiving approximately 3,000 vessel calls each year and handling about 5 million tonnes of cargo. In order to deal with even higher levels of throughput, cargo-handling facilities have been improved, and Namibia Port Authority (Namport) remains committed to infrastructure development, in line with Namport's Mission to provide efficient and effective port and related services.

The project will expand the Port of Walvis Bay’s container handling as well as bulk handling capacity ahead of demand by the construction of a 30 hectare large new modern container terminal on reclaimed land with 600m of quay wall length designed for a water depth of 16.5m alongside but dredged to 14.0m initially. In so doing the current container terminal will be converted back to a multipurpose terminal capable of handling more bulk and break bulk cargo.

OBJECTIVES AND RATIONALE

PROJECT RISKS

Environmental Risks: Erosion and/or acretion of nearby beaches

Social Risks: Increased noise; adverse impact on aquaculture

Socio-Environmental Classification: B - limited and/or reversible social and environmental impacts

PROJECT ECONOMICS

  • NET PRESENT VALUE: 0.00
  • COST BENEFIT RATIO: 0.00
  • FINANCIAL INTERNAL RATE OF RETURN (FIRR): 0.00
  • ECONOMIC INTERNAL RATE OF RETURN (EIRR): 0.00
  • COMMENTS ON ECONOMICS: AFDB - 85% (debt) Govt of Namibia - 15% (equity)

PROJECT FINANCING

PREPARATION CAPEX
COST: 8.00 275.00
COST SECURED: 0.00 275.00
FINANCING TYPE:
FINANCIERS:
OPERATION AND MAINTENANCE
OVERALL COST: 0.00
ANNUAL COST: 0.00
COMMENTS ON FINANCE:

STUDIES

PROJECT STAKEHOLDERS

Lead REC

Southern African Development Community

Lead National Agency

Namibia Port

Sectoral Organisation

Port Management Association of Eastern and Southern Africa

Sectoral Organisation

Walvis Bay Corridor Group

Continental Coordinator

African Union Development Agency

National Coordination

Namibia - Ministry of Works and Transport

CONTACTS

Infrastructure Expert (NEPAD) Mr. Ahid Maeresera -ahidm@nepad.org

CONTRIBUTION TO 2030 AGENDA