The Chinese company-funded about-to-be-completed new terminal will allow for increased productivity and efficiency, making Walvis Bay a more attractive trans-shipment hub and gateway into the region. The cargo volumes at Walvis Bay increased by 15 percent, which is a positive indication of increased cargo flow through the port.
"The port users are excited to see the completion of the new container terminal and are also very eager to start using the new facility as it is expected to be completed before the end of this year," Pillar Veiga said.
The expansion project was started in May 2014 and with the African Development Bank providing the funding. He said that the new container terminal is set to double the port's container handling capacity from the current 350,000 to more than 750,000 containers, Veiga added, Xinhua reported.