Ports and Terminals

Bollore Group Wins Contract for Future Port Concession at Dili

Bollore Group Wins Contract for Future Port Concession at Dili
Logistics Manager

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.”

More in Ports and Terminals

PSA Singapore Sign MoU with Envision Digital International For Knowledge Sharing

PSA Singapore Sign MoU with Envision Digital International For Knowledge Sharing

Logistics ManagerAugust 9, 2019
Port of Savannah Breaks TEU Handling Record

Port of Savannah Breaks TEU Handling Record

Logistics ManagerAugust 5, 2019
Halterm Container Terminal Acquired by PSA International

Halterm Container Terminal Acquired by PSA International

Logistics ManagerAugust 5, 2019

PAT Reports Container Throughput Performance for 2019’s Fiscal Year

Rungpisit VorakamnuengJuly 31, 2019
Port of Rotterdam Growth Driven by Container Throughput

Port of Rotterdam Growth Driven by Container Throughput

Logistics ManagerJuly 30, 2019
Northwest Seaport Alliance Break Ground for Terminal 5 Development

Northwest Seaport Alliance Break Ground for Terminal 5 Development

Logistics ManagerJuly 30, 2019
Port of Hamburg Kicks Off Elbe River Dredging Project

Port of Hamburg Kicks Off Elbe River Dredging Project

Danny GillJuly 26, 2019

Bangkok Port Raises their Safety Standards with Maintenance of Interior Roads

Rungpisit VorakamnuengJuly 24, 2019
June Tops 677,000 TEUs at the Port of Long Beach

June Tops 677,000 TEUs at the Port of Long Beach

Danny GillJuly 15, 2019
LM is the leading source of logistics and cargo news within ASEAN and is regarded as one of the most authoritative sources of information. Our subscribers keep up to date with the latest logistics news, views, features and events within ASEAN and beyond.
AFL Real Logo

Airfreight Logistics is the air cargo professional’s number one provider of news and information in ASEAN and around the World. To keep abreast of all the latest news and for in-depth features visit our website www.airfreight-logistics.com

UpMedio

Subscribe to our newsletter!

© 2015 Logistics Manager | About Us | Advertise | Subscribe | Contact | thai Thai Version