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Full steam ahead for Congo's premier trade connection

Updated: 2012-06-28 08:10
( China Daily)

Handling 90 percent of foreign trade, Port of Pointe Noire is a vital part of Congo's economy

With a history that dates back to 1939, the autonomous deepwater Port of Pointe Noire is a vital part of Congo's economy, with more than 90 percent of the country's foreign trade passing through it.

Situated 150 kilometers from the mouth of the River Congo in a natural harbour off the Gulf of Guinea, the port is currently undergoing a full renovation of its infrastructure at a cost of a $1 billion, as part of the government's priority investment program. Funding has been secured from the French Development Agency, the European Investment Bank, and the Development Bank of Central African States. The French group Bollor pledged to invest 570 million euros ($722 million) over 27 years from 2009 becoming the concessionaire of the Congo container terminal.

Full steam ahead for Congo's premier trade connection

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