Walvis Bay is an important logistical port for the southern African region, providing port facilities for the import and export of cargo for the rest of Namibia, Zambia, Democratic Republic of Congo, and Botswana. Since the Walvis Bay Corridor Group (WBCG) was established in 2000, cargo moving through the port has increased from 30,000 containers a year to 370,000 containers in 2016. As of 2017 the port was being upgraded to increase its capacity to move 1 million containers a year by 2019. Bureaucratic and logistical problems at the city’s competitor port at Durban, South Africa have diverted traffic to the port at Walvis Bay. Ninety-five percent of all cargo hauled overland through Walvis Bay is carried by truck.
The Walvis Bay Corridor Group is gearing up to increase import/export-business opportunities in Namibia. The Namibian National Development Plan expects to complete the expansion programme of the Walvis Bay port by 2019. Because of the harbour’s geographical positioning, authorities plan to gain a footprint in providing landlocked Southern African Development Community (SADC) countries with a vital logistical hub. In addition to the importance of the port, development would strengthen trade corridors which consists of current road and rail networks.
In an attempt to strengthen and enhance trade relations between other African countries, Namport (the Namibian Port Authority) in April 2019 signed a five-year MoU (Memorandum of Understanding) with the Port Authority of Dakar, Senegal.
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