UAE port operator the AD Ports Group has joined Africa Ports Development's (APD) 30-year concession to design, build, and operate a new dry bulk terminal at the Port of Douala in Cameroon.
The agreement has established an investment structure in which the AD Ports Group together with two other UAE investors own 60 per cent of the operating company alongside APD's 40 per cent ownership, implying an effective economic interest of 51 per cent for the AD Ports Group.
Based on the ownership of this investment structure, the AD Ports Group's share of investment is expected to be around AED320 million (US$87 million), for the development of phase one of the dry bulk terminal.
The AD Ports Group said the facility comprises two berths and approximately 450 metres of quay wall and has an annual handling capacity of around four million tonnes of dry bulk cargo such as clinker, gypsum, fertiliser, and grain.
Construction is scheduled to take place between 2026 and 2028, in close collaboration with the Port Authority of Douala.
"The Douala dry bulk terminal will enhance trade resilience, support industrial development, and strengthen Cameroon’s role as a gateway to Central Africa," said Mohamed Eidha Al Menhali, Regional CEO of the AD Ports Group.
