China to construct mega sea port in Algeria
Algeria’s Transport Ministry, China State Construction Engineering Corporation (CSCEC) and China Harbour Engineering Company (CHEC)
have signed an agreement to construct a mega sea port in Algeria.
The US$3.3-bn project will be constructed on the new centre and trans-shipment port of Cherchell.
A consortium company to build the port will be established and the port will be constructed some 60 km west of Algiers. Establishment of the company is expected to be finalised in March 2016.
The project will include 23 docks capable of processing 6.5 million 20-foot containers and 26 million tons of goods per annum.
Algeria’s port traffic is expected to hit 35 million tons or two million 20-foot containers per year by 2050. The project is expected to be completed within 7 years but will gradually be put to operation within 4 years and China’s Shanghai Ports Group will ensure its management.
Shanghai Port Group will be responsible for the international shipment traffic from Southeast Asia and other continents that passes through the port as well as for the trans-shipment process for goods that continue sea transport elsewhere, or that use the Algerian highway and railway networks to carry shipments into Africa.