Global marine terminal operator DP World has announced that it has been granted a 25-year concession to develop and operate a new logistics centre in Kigali, Rwanda.
The total cost of the project is anticipated to be around US$35 million, with further development to be phased in line with demand growth.
Rwanda aims to enhance the country’s logistics industry to support the export of products for regional and international markets.
The DP World Kigali Logistics Centre is expected to significantly contribute to the development of this strategy.
Sultan Ahmed Bin Sulayem, Chairman of DP World, said: “DP World is delighted to have been granted this concession in Kigali, Rwanda.
“We are excited by this opportunity to use our expertise to build best-in-class infrastructure to ensure the continued development and growth for Kigali and the wider economy.”
Mohammed Sharaf, CEO of DP World said: “We continue to be optimistic about the outlook for Africa and are proud to expand our footprint in the region.
“We aim to further develop the logistics sector through DP World Kigali Logistics to help meet the country’s 2020 vision of creating a strong domestic logistics services operator in the region.”