HPC Hamburg Port Consulting has completed a pre-feasibility study for a proposed bulk cargo terminal at Porto Fundo, located on Santiago Island in Cabo Verde.
Commissioned by Spanish infrastructure firm COPISA, the study provides a basis for assessing the terminal’s viability and outlines a roadmap for future investment planning.
Santiago, Cabo Verde’s largest island and home to its capital Praia, is strategically located to serve both the country’s main agricultural region and half of its population.
The proposed terminal at Porto Fundo aims to improve bulk cargo handling capacity, support regional supply chains, and boost long-term economic development.
HPC’s study assessed market potential, cargo mix, cost structures, and competitive positioning. It also included a terminal operations concept and financial analysis to attract potential investors and development finance institutions.
A key component of the study was refining the terminal design to accommodate dry and liquid bulk, including hydrocarbons.
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The project is led by COPISA in partnership with Mauritania-based investment firm AFRICOM. A local subsidiary has already been set up to oversee construction and operations. COPISA intends to develop the terminal through a public-private joint venture in collaboration with the Santa Cruz municipality and the government of Cabo Verde.
“This project responds to the growing need for efficient port infrastructure to support the economic development of Cabo Verde,” said José Manuel Valero Pérez, Managing Director of COPISA Cabo Verde.
“By improving bulk handling capacity, the terminal at Porto Fundo can strengthen local supply chains, reduce import costs, and contribute to the country’s long-term growth with new export opportunities. The terminal will also provide capacity for the regional transhipment of grain and hydrocarbons and, in the future, hydrogen products.”
With full political backing secured in April, the project now moves towards the next planning phase, with HPC continuing its support throughout implementation.
