Africa-Press – Angola. The first phase of construction work on the Caio Deep Water Terminal is now in its final stages, with over 60 percent of the physical work completed and 75 percent of the financial work completed, the CEO of the Port of Cabinda announced on Friday.
José Kuvinga was speaking to the press after a working meeting chaired by the provincial governor, Suzana de Abreu, which analysed the impact of the implementation of the Free Trade Zone.
The manager said that, at this time, work was underway to prepare the technical networks for the supply of electricity and water, as well as the infrastructures that will guarantee its operation.
The project, he said, is already close to completion and most of the work, such as the breakwater, the ship berthing areas and the protective coating, is already around 85 percent complete.
José Kuvinga said that the start of port operations at the Deep Water Terminal is scheduled for this year, with the installation of the first tenants who will operate in the port space.The port infrastructure works, he said, cover an area of 1,400 metres, and in this first phase 750 metres of dockable pier will be inaugurated.
The Free Trade Zone, together with the Caio Deep Water Terminal, which covers an area of 300 hectares, he said, will play a crucial role in what is considered to be a turning point in the economic situation of the province of Cabinda.
Development
At the opening of the meeting, the governor of Cabinda, Suzana de Abreu, highlighted the importance of completing the project for the socio-economic development of Cabinda, as well as the Lower Congo region.
The construction works for the Deep Water Terminal at the Port of Caio, in Cabinda, Angola, budgeted at around 600 million dollars, began in June 2015.The first phase, which is expected to be completed in December of this year, includes the construction of a 750-meter-long dock, port infrastructure and a 100-hectare cargo service area.
For More News And Analysis About Angola Follow Africa-Press
