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ICTSI, Dredging International to deepen Congo to speed flow Kinshasa
INTERNATIONAL Container Terminal Services Inc (ICTSI) and dredging contractor Dredging International have signed a Memorandum of Understanding (MOU) to co-operate in a project to deepen the Congo River in phases, to an eventual depth of 40 feet.
Dredging the Congo will end current draught restrictions in the Divagante area near Boma, and enable direct calls by mainline vessels at the ports of Matadi and Boma, gateway to Kinshasa and hinterland with its 30 million people.
The project, requiring an initial investment of EUR35 million (US$39.87 million), is expected to deliver extensive operational efficiencies and cost savings to the Democratic Republic of Congo's supply chain from 2018 onwards.
"We look forward to working with Dredging International and the DRC Government to realise this important project and the diverse benefits it will deliver to the transportation sector and the economy as a whole," said ICTSI vice president Hans-Ole Madsen.
"It builds on the co-operative approach taken to the development of the Matadi Gateway Terminal and will represent a key component in the modernisation of DRC marine infrastructure with benefits felt along the whole supply chain," he said.
ICTSI operates the new Matadi Gateway Terminal in the Democratic Republic of the Congo. The Matadi Gateway Terminal is a joint venture company between, ICTSI, the Ledya Group and SCTP.
Dredging the Congo will end current draught restrictions in the Divagante area near Boma, and enable direct calls by mainline vessels at the ports of Matadi and Boma, gateway to Kinshasa and hinterland with its 30 million people.
The project, requiring an initial investment of EUR35 million (US$39.87 million), is expected to deliver extensive operational efficiencies and cost savings to the Democratic Republic of Congo's supply chain from 2018 onwards.
"We look forward to working with Dredging International and the DRC Government to realise this important project and the diverse benefits it will deliver to the transportation sector and the economy as a whole," said ICTSI vice president Hans-Ole Madsen.
"It builds on the co-operative approach taken to the development of the Matadi Gateway Terminal and will represent a key component in the modernisation of DRC marine infrastructure with benefits felt along the whole supply chain," he said.
ICTSI operates the new Matadi Gateway Terminal in the Democratic Republic of the Congo. The Matadi Gateway Terminal is a joint venture company between, ICTSI, the Ledya Group and SCTP.
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