The first phase of construction at the Caio Deepwater Terminal in Cabinda, Angola, is nearing completion, with more than 60% of the physical work and 75% of the financial execution already achieved, according to José Kuvingua, Chairman of the Port of Cabinda.
He shared the update on Friday following a working meeting led by the provincial governor, Suzana de Abreu, focused on the impact of the Free Trade Zone implementation.
Kuvingua explained that current works involve the installation of technical networks for power and water supply, along with supporting infrastructure required for the terminal’s operation.
Structural elements—including the breakwater, ship docking areas, and protective cladding—have reached approximately 85% physical completion.
Operations at the terminal are expected to begin later this year, with the arrival of the first tenants who will occupy and operate within the port space.
In this first phase, 750 meters of quay will be inaugurated, out of a total planned 1,400 meters of port infrastructure.
The Free Trade Zone, in conjunction with the Caio Deepwater Terminal, covers 300 hectares and is expected to play a pivotal role in transforming Cabinda’s economic landscape.
During the opening of the meeting, Governor Suzana de Abreu highlighted the project’s significance for the socio-economic development of Cabinda and the broader Baixo Congo region.
Construction of the Caio Deepwater Terminal began in June 2015, with a total investment estimated at around $600 million.
The first phase, scheduled for completion by December this year, includes a 750-meter quay, essential port infrastructure, and a 100-hectare cargo services area.
