A new deepwater port in Angola known as Port of Caio is being developed in northern Cabinda Province. Constructed as a three-phase project, the first phase is scheduled for a soft launch in the fall of 2017.
This Atlantic-shoreline region, known for its abundant resources such as tropical hardwoods, coffee, cocoa, tropical fruits, and phosphate holds some of the largest offshore oil fields in the world and accounts for 60% of Angola’s oil production.
Attuned with the Angolan government’s national transport strategy, the Port of Caio will serve as the primary commercial harbor for the Cabinda Province which complements the port facilities of Soyo, Luanda, Lobito and Namibe dotted along the western coastline to the south of Cabinda.
Due to its location and water depth, the Port of Caio will provide an opportunity for shipping lines to utilize this state-of-the-art port facility as a transshipment hub to serve other areas of Africa’s West Coast.
Port Specifications: The Port of Caio will have two multipurpose berths and terminals in initial years offering 630m of berth length and 5,000 TEU capacity for one container mainliner and a second container berth with up to 3,000 TEU capacity or one multipurpose vessel.
It is expected that once maritime traffic increases in the Port of Caio over the next decade, followed by a growth in the industry for the design of larger container vessels, construction will be underway in the Port of Caio for the following: two dedicated terminals (housing both port containers and phosphate rock) and a second set of dual terminals for general cargo, project cargo, wood and vehicles that will include an additional 500m of commercial quay length to be used as a multipurpose berth.
Economic Diversification and Local Growth: According to the Port of Caio’s Interim CEO Jack Helton, the port will be designated as a Free Trade Zone (FTZ) and will provide numerous opportunities for warehousing and distribution, storage, lay down area and development of oil and gas related activity.
The Port and FTZ is closely situated to the existing Futila Industrial Zone which is currently being developed with light to medium industry and provides the resources for oil and gas “downstream” development.
According to Helton, the Port of Caio and its FTZ status will facilitate economic growth and development which has been limited due to the lack of modern efficient infrastructure and regulations. “We believe it will unlock the full economic potential of the Cabinda Province,” said Helton.
The Cabinda port and the area’s FTZ will have the following infrastructural and economic characteristics for the private sector:
• Allow the oil and gas industry to consolidate their logistics to a central location
• Strong government support as part of the administration’s national strategy
• A strategic location with sound infrastructure
• Strong commercial viability and social returns by stimulating local economies
• Facilitating skills upgrading and increased employment
• Technology transfer
• Promoting economic diversification
• Private sector management to attract foreign investment