facebook_pixel
Ports and Terminals

Bollore Group Wins Contract for Future Port Concession at Dili

Bollore Group Wins Contract for Future Port Concession at Dili
Vip Klangchanee

Following an international invitation to tender, the authorities of East Timor, advised by the finance institution IFC1, have chosen the Bolloré Group to build and operate the deepwater port at Dili under a public-private partnership agreement.

The ambitious project involves the construction of a 630 m wharf with a draught of 15 m, and a 24-hectare yard. The port facility, in accordance with international standards, will have state-of-the-art container and general cargo handling equipment offering a stevedoring capability for container ships carrying over 7,500 TEUs.

“We are very proud to have been selected to work with the authorities of East Timor on this project. It will help to speed up the growth of the nation’s economy by facilitating trade with Asia and the rest of the world to the benefit of the whole population”, said Philippe Labonne, CEO of Bolloré Ports and Deputy CEO of Bolloré Transport & Logistics.

The partnership will be entered into for a 30-year term. The project will create over 350 direct jobs and enable new businesses to set up in the future port zone.

Dili project Bollore Group-1

With a strong track record of success in France and Africa, Bolloré Transport & Logistics has decided to export its know-how to other emerging regions. It already holds an Asian port concession at Tuticorin at the southern tip of India, in Central America & the Caribbean with a partnership to operate the TVB Terminal at Port-au- Prince in Haïti, and now in South-East Asia in East Timor.

Ports are a key sector for the Bolloré Group with 21 concessions worldwide, including 15 in Africa, where it is the n° 1 operator of public-private partnerships.

Cyrille Bolloré, President of Bolloré Transport & Logistics, stated that he is “extremely pleased with this success which is in keeping with our strategy to deploy our different areas of expertise across all the markets where we are present. Our knowledge of the logistics market in East Timor, where our Group has been developing its business for the last 16 years, enabled us to submit the best bid. It also demonstrates the ability of the Bolloré Group to contribute to enhancing infrastructure in emerging countries.”

Ports and Terminals
Vip Klangchanee
@angkoon

Vip has been managing content about shipping and logistics for over ten years. He has a large database of logistics photos and videos just in case you guys are interested.

More in Ports and Terminals

APM Terminals to Sell Zeebrugge Shares to COSCO Shipping Ports

APM Terminals to Sell Zeebrugge Shares to COSCO Shipping Ports

Danny GillSeptember 13, 2017

Kuzma Joins GPA Trade Development Office

Danny GillSeptember 7, 2017
CMA CGM Theodore Roosevelt Visits the Port of Savannah

Savannah Serves Largest Vessel Ever to Call U.S. East Coast

Danny GillSeptember 4, 2017

EUROGATE Wilhelmshaven Plans to Increase Labor Force

Danny GillAugust 29, 2017
Port of Long Beach Sees Busiest Month Ever

Port of Long Beach Sees Busiest Month Ever

Danny GillAugust 16, 2017

Port of Long Beach Commission Approves Communications Director

Danny GillAugust 8, 2017

Bangkok Barge Terminal (BBT) Officially Opens ICD Terminal

Chatchaya JianswatvatanaAugust 2, 2017
Peel Ports Commences Second Phase of Liverpool2

Peel Ports Commences Second Phase of Liverpool2

Danny GillJuly 18, 2017

DP World and Indonesian Government Sign Agreement to Develop Port and Trade Infrastructure

Danny GillJuly 18, 2017