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DP World to be engine of Mali’s growth
[ July 25, 2018 // Chris ]DP World has signed a 20-year concession with an automatic 20-year extension with to build and operate a 1,000-hectare logistics hub outside Bamako, Mali. The Mali Logistics Hub will be located on the main road from Dakar, Senegal to Bamako and close to the Dakar – Bamako rail line. It will be capable of handling 300,000teu and 4 million tons of bulk and general cargo. The first phase of the project, with an estimated initial investment of $50 million, will include an inland container depot and container freight station facility. Construction is expected to start in 2019 and is to take 18 months. DP World will also provide the Republic of Mali with three locomotives to boost cargo and passenger traffic on the Bamako-Dakar rail system.
Suhail Al Banna, chief executive officer and managing director, DP World Middle East and Africa, and Moulaye Ahmed Boubacar, minister of equipment and transport, the Republic of Mali, during the signing of the concession agreement in Dubai.