The China Harbour Engineering Company (CHEC) and the government of Guinea have signed a US$770 million contract for the Port of Conakry, reported the Guardian.
The contract includes the construction of infrastructure including roads and parking, as well as three entirely new docks.
The deal marks further economic integration for China in the region, and with the Port of Conakry having the monopoly on goods entering Guinea, it is a strategic investment.
Ding Jialong, Director in Guinea of CHEC, said: “With the completion of this project extending the Autonomous Port of Conakry, it will become the largest in the sub-region.”
CMA CGM also announced upcoming improvements to their Morocco and West Africa service, Wazzan, operating with three vessels of 1,200 TEU.
The improved service will begin November 8, 2016 with the British-flagged Delmas Swala at Casablanca; the new, modified service is expected to save six days of the rotation, with Dakar now only five days away from Casablanca weekly.