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

GPA Approves Projects to Expand Rail and Gate Capacity

Logistics ManagerNovember 17, 2017

Hutchison Ports Assumes Operation of Ahmed Bin Rashid Port in the Emirate of Umm Al Quwain

Danny GillNovember 15, 2017

Port of Savannah Achieves 32 Percent Growth in October

Logistics ManagerNovember 10, 2017
New Owendo International Port, Gabon

Gabon Inaugurates Port of Owendo New Terminal

Logistics ManagerNovember 10, 2017
Port of Long Beach Sets Cargo Record in October

Port of Long Beach Sets Cargo Record in October

Danny GillNovember 10, 2017

Container Throughput in Rotterdam Maintains Strong Growth Rate

Logistics ManagerNovember 3, 2017
Sahathai Terminal Prepares for Initial Public Offering

Sahathai Terminal Prepares for Initial Public Offering

Danny GillOctober 31, 2017
Port Authorities of Georgia and Virginia File East Coast Gateway Terminal Agreement

Port of Savannah Moves One Million TEUs in First Quarter

Danny GillOctober 20, 2017
Wilhelmshaven Welcomes World’s Largest Container Ship

Wilhelmshaven Welcomes World’s Largest Container Ship

Danny GillOctober 20, 2017