Hage Geingob, President of Namibia has inaugurated a new US$200 million port terminal at Walvis Bay. The inauguration ceremony took place on a 40-hectare land reclaimed from the Atlantic Ocean.
With this extension, the country’s port capacity has been increased from 350,000 containers to 750,000 per year. Namibia has now joined countries such as Australia, Brazil, Dubai, and the Netherlands who reclaimed land for port expansion.
Geingob said that the project will assist the larger Southern African Development Countries with no immediate access to waterways.
“The completion of the container terminal expansion puts us on a firm trajectory towards realising our dream of transforming Namibia into an international logistics hub,” said Geingob.