MATADI Gateway Terminal (MGT), the Congolese unit of International Container Terminal Services, Inc (ICTSI), has been awarded with the Prix de Reconnaissance aux Investisseurs (Investor Recognition Award) by Democratic Republic of Congo's Agence Nationale Pour La Promotion des Investissements (National Agency for Investment Promotion)
MATADI Gateway Terminal (MGT), the Congolese unit of International Container Terminal Services, Inc (ICTSI), has been awarded with the Prix de Reconnaissance aux Investisseurs (Investor Recognition Award) by Democratic Republic of Congo's Agence Nationale Pour La Promotion des Investissements (National Agency for Investment Promotion). The accolade for the best investment project in the infrastructure sector recognises outstanding investments that have greatly contributed to the country's economic growth, in line with the Congo's Investment Code.
Approximately 150 kilometres upstream from the Atlantic, MGT is a major port on the Congo River and gateway to the capital Kinshasa. The terminal brings modern and world-class port infrastructure and facilities to western DRC.
MGT chief executive officer Tim Vancampen said in a statement: 'ICTSI is one of the first multinationals that firmly placed a strong footing in DRC and believed in its potential in 2014. As the country's premier maritime gateway, we are very proud to have contributed to the improving business and investment climate, and we remain committed to supporting DR Congo's greater economic goals.'
MGT, with support from the DRC government, has a two-step plan in place to dredge the Congo River up to a draft of 12.5 metres - thereby opening the door to Panamax class vessel calls. A third phase, under development, will facilitate access for the slightly larger WAFMAX vessels, which will require a draft of 14 metres.
To further improve the terminal's turnaround times a third mobile harbour crane is now on order, providing the ability to turn a 2,500-TEU capacity ship in under 12 hours.
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