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Construction is expected to begin in 2019 and will take approximately 18 months to complete.
DP World has signed a 20-year concession with a 20-year automatic extension with the Republic of Mali to build and operate a modern 1000-hectare logistics center outside Bamako, the capital and largest city in Mali.
The multimodal logistics platform, Mali Logistics Hub, MLH, will have inland container depots, ICDs, and Container Freight Stations, CFS, which will facilitate the import and export of goods.
The logistics center of Mali will be located on the main road Dakar, Senegal in Bamako and close to the Dakar – Bamako railway line and will be able to handle 300,000 TEUs (equivalent twenty feet), four million tons of bulk and of various goods.
The first phase of the project With an initial investment estimated at US $ 50 million, it will include an inner container depot and a container freight station that will support the growth of the Malian economy by streamlining the economy. import and export of goods. Construction is expected to begin in 2019 and is expected to last approximately 18 months.
DP World will also provide the Republic of Mali with three locomotive trains to boost freight and pbadenger traffic along the Bamako-Dakar rail system.
Mali's logistics center will significantly reduce processing times for products entering the Malian market as part of efforts to reduce barriers to commercial and economic development. DP World will also implement its paperless online facilitation platform to speed up the movement of goods under the agreement.
The concession contract was signed Monday in Dubai by Suhail Al Banna, CEO of DP World Middle East and Africa, and Moulaye Ahmed Boubacar, Malian Minister of Equipment and Transportation, in the presence Malian officials and DP World
Commenting on the announcement, DP World President and CEO Sultan Ahmed bin Sulayem said: "The Malian market is expected to grow over the next two decades and is supported by strong economic growth Mali Logistics Hub is therefore very useful and will provide the country with a logistical platform that aims to facilitate the import and export of goods via the port of Dakar, which is operated by DP World.
"The investment of DP World will significantly reduce the processing time of goods and thus facilitate trade. We are committed to fostering trade in the region and helping businesses and local people prosper, and we look forward to working together. "
Minister Boubacar said," We are delighted to be working with DP World on this project. The Mali logistics center will significantly improve the cost and time of trade for Mali. The project will provide us with a first clbad logistics facility comparable to global standards and will be the largest in terms of capacity. "
" We are confident that with DP World as a partner, we will be able to meet the expectations of our people, our traders and exporters have access to more markets and bring more money. " efficiency and profitability to international trade. The project also gives the Republic of Mali the opportunity to be connected to global trade routes and to accelerate access and transportation both in and out of the country. ", he concluded
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