DP World to spend 455 mln euros on Dakar port

Dubai's government-owned ports operator DP World signed on Frdiay a 25-year concession to operate Dakar port and plans to invest at least 455 million euros ($641 million) there, its chairman said on Monday.

"We expect at the first stage to invest 120 million euros, (and), for the port of the future, an additional 335 million euros," Sultan Ahmed bin Sulayem told reporters, referring to plans to build a new shipping terminal near the Senegalese capital.

Source:Reuters