29/09/08 - Port of Sal expands with 47 million-euro loan from EIB
The European Investment Bank (EIB) has loaned Cape Verde 47 million euros to expand the port of Palmeira, on Sal island, following an agreement signed Friday.

the expansion of the port of Palmeira is one of the Cape Verdean government’s priorities, as construction materials arrive by sea, at a time when Sal and the neighbouring island of Boa Vista are witnessing an increase in construction of new hotels.

As well as Sal, the government also plans to refurbish the ports of Vale dos Cavaleiros, on Fogo island, and Porto Novo, on the island of Santo Antão.

According to the chairman of ports administration company, Empresa Nacional de Administração dos Portos, Franklin Spencer, cited by news agency Inforpress, the first phase of work will increase the port's dock by 120 metres and provide a ramp for horizontal transport, amongst other improvements.

The aim was, he said, to reduce waiting times at the port of Palmeira to unload cargo, which were an average of two and a half days.

The next phase of the project includes building a basin alongside the existing one, with a 150 metre-long dock, a breakwater and land facilities and access roads, covering a total area of 9 hectares, added to the existing 2.5 hectares. (macauhub)

 
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