Abu Dhabi Ports Group to Transform Luanda Multi-Purpose Terminal in Angola with $251 Million Investment

The Luanda Multi-Purpose Terminal in Angola is set to undergo a major transformation following a 20-year concession agreement with Abu Dhabi Ports Group. As part of the agreement, Abu Dhabi Ports Group has acquired stakes in joint ventures with Unicargas and Multiparks, with plans to invest $251 million in modernizing the terminal and developing a logistics center over the next three years.

The Port of Luanda is a crucial sea gateway in Angola, handling a significant portion of the country’s containers and general cargo. With expectations of growth in container handling volumes, Abu Dhabi Ports Group aims to transform the terminal into a modern facility that can support the region’s economic development. The location of the port allows it to cater to the increasing trade demands of landlocked countries in the region.

Abu Dhabi Ports Group is committed to enhancing infrastructure and logistics capabilities at the Port of Luanda through collaborations with local partners and government stakeholders. The goal is to attract global shipping lines and provide efficient services that benefit economies in Angola and its partners. Through partnerships with Unicargas and Multiparks, Abu Dhabi Ports Group aims to facilitate access to global trade markets and contribute to economic growth in Central West Africa region.

The redevelopment project will expand the concession area, upgrade quay walls and equipment, deepen submersible depths, and accommodate container and vehicle handling operations. Upon completion, the terminal will significantly increase its handling volumes for containers and vehicles, supporting regional trade activities.

In addition to terminal redevelopment, Abu Dhabi Ports Group’s joint venture with Unicargas will provide integrated logistics and shipping services to local customers as well as international ones. The venture aims to enhance business efficiency by investing in new equipment, upgrading IT systems, providing comprehensive supply chain solutions, optimizing logistics operations and contributing to growth of maritime sector in Angola by leveraging global expertise and local capabilities.