The authorities of East Timor have chosen the Bollore group to build and operate the deep-water Port at Dili, Timor-Leste in South East Asia, which is governed by a public-private partnership agreement.
Philippe Labonne, CEO of Bollore Ports and Deputy CEO of Bollore Transport and Logistics, said: “We are very proud to have been selected to work with the authorities of East Timor on this project.
“It will help to speed up the growth of the nation’s economy by facilitating trade with Asia and the rest of the world to the benefit of the whole population.”
The 30-year term partnership intends to create over 350 direct jobs and enable new businesses to set up in the future port zone.
The project involves the construction of a 630-metre wharf with a draught of 15 metres, and a 24ha yard.
In accordance with international standards, the port facility expects to have state-of-the-art container and general cargo handling equipment.
Bollore Transport and Logistics has decided to export its know how to other emerging regions, such as France and Africa.
Read: Bollore’s Gigantic African Terminal Drive
Cyrille Bolloré, President of Bolloré Transport and Logistics, said: “[I am] extremely pleased with this success which is in keeping with our strategy to deploy our different areas of expertise across all the markets where we are present.
“Our knowledge of the logistics market in East Timor, where our group has been developing its business for the last 16 years, enabled us to submit the best bid.
Cyrille Bolloré concluded: “It also demonstrates the ability of the Bolloré group to contribute to enhancing infrastructure in emerging countries.”
