Port Development: Capacity for Larger Vessels from 2015

8 years, 12 months ago - October 29, 2012
The container terminal at the port of the capital will accommodate the largest container ships in the world in 2015, with extensive work that will begin in early 2013.

Not less than two of these ships will dock at the same time on the platform, which reaches 800 meters against 560 currently. This represents an increase of 240 meters.

This work will be possible thanks to a loan of USD 42 million, or about Rs 1.33 billion, the French Development Agency (AFD), granted to the Mauritius Ports Authority (MPA). In addition, the European Union (EU) has allocated a grant of € 3 million, or about Rs 122.56 million, to reduce the environmental and social impact of the project. The government guarantees to the AFD in the credit.

A signing ceremony of the agreements was held Friday in Port Louis. The government was represented by Xavier-Luc Duval, Minister of Finance, AFD by its director, Laurence Breton-Moyer and France Ambassador Jean-François Dobelle, and finally the EU, through its ambassador to Mauritius, Alessandro Mariani .

The port does not know the crisis and will have to repay this new debt AFD. Indeed, the turnover of the MPA was approximately Rs 1 billion in 2011, while profits were Rs 373 million. Also in 2011, freight traffic reached 6.5 million tons. The MPA provides even better results in 2012 with a freight than 7 million tonnes, an increase of 12% compared to 2011.

Also in 2012, container volume will increase by 28% with a transhipment traffic increased by 45%. In addition, for the last nine months, the container traffic in import and export has increased by 7% "despite fears expressed by some sectors of our economy," as pointed Shekur Suntah, CEO of the MPA. He believes that the turnover of the MPA will be in 2012, Rs 1.2 billion and profits of Rs 600 million.

 

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