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HomeMaritime NewsRegionsMiddle East & AfricaICTSI to pump in $40m to dredge Congo project

ICTSI to pump in $40m to dredge Congo project

ICTSI to pump in $40m to dredge Congo project
Philippines-based global smaller port operator International Container Terminal Services Inc (ICTSI) is investing PHP2.02 bn ($39.7) to dredge the Congo River to enable direct calls of vessels at the ports of Matadi and Boma.

ICTSI said it has signed a memorandum of understanding with Belgian firm Dredging International to deepen the Congo River.

The project will involve the deepening of the Congo River in phases to an eventual depth of at least 12.1m, allowing mainline vessels to make direct calls at the ports of Matadi and Boma.

ICTSI currently operates the new Matadi Gateway Terminal in Congo.

The Matadi Gateway Terminal is a joint venture company between ICTSI, the Ledya Group and SCTP SA.

TAGS: Ports Regions ICTSI Dredging
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