Chinese engineering company starts work on SADC Gateway port

Currently, about 700,000 tons of cargo are transported from the Walvis Bay port into the region. It is expected that in the next 10 years, this would have increased to about 4.5 million tons.

The current tonnage is being moved by 170 trucks while it is estimated that about 750 trucks would be required to move the 4.5 million tons.

According to the Economic Association of Namibia (EAN), estimated that the combined GDP of the SADC landlocked countries that will have access to the port was about 2.36 trillion Namibian dollars ($200 billion).

The association further said the combined annual exports and imports from the countries are expected to increase with between 5 and 7 percent.