Namibe (Hafen)

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Sogester of Angola to manage cargo terminals at the port of Namibe

Sociedade Gestora de Terminais (Sogester) of Angola will invest more than US$21 million in buying machinery and cargo trucks for the port of Namibe, in the south of Angola, according to the legal director of the company. Alexandre Bala Toto said Sogester would manage the cargo terminals of public company Porto de Namibe, under a partnership with two foreign companies, one from the United Arab Emirates and one from Denmark. The company’s plans for the cargo terminals involve refurbishment of infrastructure and the introduction of management methods to achieve cost reductions and a better use of available resources. Bala Toto, who spoke after a session to sign an investment contract with the National Agency for Private Investment (ANIP), said the port of Namibe operated shifts that are unusual in the current management of port companies, because work was carried out between 7 am and 3 pm, which led to almost zero productivity. Sogester also found the port had defective machines and conducted four moves per ship per hour, as well as the fact that, in terms of safety, everyone had access the port facilities.Sogester is the result of a partnership between Danish company APM Terminal, of the Maersk group and Angolan company Gestão de Fundos, which since 2007 has had the concession on container Terminal II of the port of Luanda. ANIP is the government body responsible for implementing the national policy on private investment, its promotion, coordination and supervision, created in 2003 and is stipulated by the Private Investment Law that all private contracts with monetary amounts exceeding US$1 million are under its jurisdiction.The investment contract with Sogester was the highest of a group of nine involving over US$34 million in the sectors of trade, services and industry in the provinces of Luanda, Bengo and Benguela (Lobito).On the occasion, the president of ANIP, Maria Luisa Abrantes said that in the first quarter of 2015 investment agreements had been signed totalling US$800 million, a figure that increased to US$1.1 billion by last Friday, 15 May. source : macauhub/AO