International Container Terminal Services, Inc. (ICTSI) has initiated the second phase expansion of its Matadi Gateway Terminal in the Democratic Republic of the Congo.
The expansion will more than double MGT’s existing annual throughput capacity to 400,000TEU/yr and represents an important component of comprehensive plans to consolidate and expand Matadi’s position as the most cost competitive and efficient port gateway, serving the fast-growing DRC capital city of Kinshasa and surrounding hinterland.
Hans Ole Madsen, senior vice president, Europe, Middle East and Africa, ICTSI, commented: “The expansion of MGT is aligned with actual and projected container growth rates for the DRC. and corresponds with cargo owner and shipping line requirements for the medium term.
“The market is seeing positive growth albeit off a relatively low base in terms of total demand. Studies suggest that Congo will achieve emerging market country status within the next 10-years and as such we are very confident that this nearly USD100 million expansion plan anticipates the DRC’s requirements over this period and will deliver unrivalled efficiencies.”