Angola: Government Receives Luanda Port Terminal Management Bids

Luanda — The Angolan government will open the bids for the International Public Bidding for the concession, operation and management of the Luanda Port Multipurpose Terminal, launched in December 2019.

According to a note from the Port of Luanda, sent to ANGOP, nine companies from several countries, with proven experience in the port area, submitted their bids to this tender.

The government, according to the note, intends, with the concession of the terminal to a private entity, to promote the development and improvement of the efficiency of port activity in the country, through the involvement of private operators.

As mandatory requirements for participation in the tender, among others, bidders must have an average annual turnover of the last three fiscal years not less than the equivalent of USD 100 million.

They must also have a net asset equivalent of not less than USD 100 million, and a fully equity capital equivalent of not less than USD 25 million.

In the case of association of companies, the requirements referred to must correspond to the respective indicators, weighted by the respective participation of each company in the association.

The Port of Luanda Multipurpose Terminal is a port infrastructure dedicated to the simultaneous operation of general cargo and containers.

It has a 610-meter quay, a depth of 12.5 meters and an area of 181,070 square meters with capacity to handle 2.6 million tons per year.

The multipurpose terminal has a capacity for containerized and general cargo. The former holds around 51 percent of the cargo handling capacity and the latter 44 percent.

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