MCC Port Activity

Cabo Verde - Infrastructure Project - Port Activity: Upgrade and Expansion of the Port of Praia (the "Port Activity"): The Port will require a number of major long-term expansion investments to meet Cape Verde's long-term development needs.

In order to accommodate the growing traffic demand while long-term expansion is being completed, changes and upgrades will be required in the existing Port facilities.

To address both short-term and long-term upgrade needs at the Port, MCC Funding will be used to fund the following: (i) Short-term upgrade of Port operations to remove non-essential container storage, packing and unpacking, and customs impoundment from the active port, improve quayside facilities to increase space available for active cargo operations and initiate certain preparatory activities related to the long-term expansion plan; (ii) Long-term Port expansion through the creation of new usable land areas and the development of specialized, high-efficiency terminals