{"id":18021,"date":"2025-05-06T10:29:28","date_gmt":"2025-05-06T09:29:28","guid":{"rendered":"https:\/\/maritimafrica.com\/en\/?p=18021"},"modified":"2025-05-06T10:29:28","modified_gmt":"2025-05-06T09:29:28","slug":"laying-the-groundwork-for-infrastructure-investment-in-cabo-verde-hpc-finalises-pre-feasibility-study-for-porto-fundo-terminal","status":"publish","type":"post","link":"https:\/\/maritimafrica.com\/en\/laying-the-groundwork-for-infrastructure-investment-in-cabo-verde-hpc-finalises-pre-feasibility-study-for-porto-fundo-terminal\/","title":{"rendered":"Laying the Groundwork for Infrastructure Investment in Cabo Verde: HPC Finalises Pre-Feasibility Study for Porto Fundo Terminal"},"content":{"rendered":"<figure id=\"attachment_18022\" aria-describedby=\"caption-attachment-18022\" style=\"width: 1016px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2025\/05\/csm_IMG-20250403-WA0033_776af238ae.webp\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-18022 size-full\" src=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2025\/05\/csm_IMG-20250403-WA0033_776af238ae.webp\" alt=\"\" width=\"1016\" height=\"600\" srcset=\"https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2025\/05\/csm_IMG-20250403-WA0033_776af238ae.webp 1016w, https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2025\/05\/csm_IMG-20250403-WA0033_776af238ae-300x177.webp 300w, https:\/\/maritimafrica.com\/en\/wp-content\/uploads\/2025\/05\/csm_IMG-20250403-WA0033_776af238ae-768x454.webp 768w\" sizes=\"auto, (max-width: 1016px) 100vw, 1016px\" \/><\/a><figcaption id=\"caption-attachment-18022\" class=\"wp-caption-text\">Representatives of COPISA, Municipality of Santa Cruz, AFRICOM and HPC<\/figcaption><\/figure>\n<p style=\"text-align: justify;\">HPC has successfully delivered a pre-feasibility study for the development of a bulk cargo terminal at Porto Fundo in Santa Cruz, Cabo Verde. Commissioned by Spanish infrastructure company COPISA, the study provides a foundation for assessing the viability of a new terminal on the island of Santiago and sets the course for further investment planning.<\/p>\n<p style=\"text-align: justify;\">Located on Cabo Verde\u2019s largest and most populous island, Santiago, Porto Fundo is strategically positioned to serve the country\u2019s key agricultural region and half of its population. As part of the Sotavento Islands, Santiago also plays an important historical and logistical role within the archipelago, lying between the islands of Maio and Fogo and home to the nation\u2019s capital, Praia.<\/p>\n<p style=\"text-align: justify;\">In its assessment, HPC analysed the market potential of a new bulk terminal, considering the competitive landscape, proposed cargo mix, investment and operational costs, and price positioning. Building on this foundation, HPC developed a terminal operations and layout concept, complemented by a financial analysis to support the next stage of planning and investor engagement.<\/p>\n<p style=\"text-align: justify;\">The study is intended to serve as a business case for attracting financing from various sources, including multilateral and development finance institutions, and to initiate a detailed feasibility phase. COPISA, which intends to construct the terminal and secure financing in collaboration with AFRICOM, a Mauritanian investment company, engaged HPC to deliver the independent assessment as a first step. A local subsidiary has already been established to manage port construction and implementation of operations.<\/p>\n<p style=\"text-align: justify;\">\u201cThis project responds to the growing need for efficient port infrastructure to support the economic development of Cabo Verde. By improving bulk handling capacity, the terminal at Porto Fundo can strengthen local supply chains, reduce import costs, and contribute to the country\u2019s long-term growth with new export opportunities. The terminal will also provide capacity for the regional transhipment of grain and hydrocarbons and, in the future, hydrogen products. The pre-feasibility study lays the groundwork for turning this vision into a concrete investment opportunity,\u201d said Jos\u00e9 Manuel Valero P\u00e9rez, Managing Director of COPISA Cabo Verde.<\/p>\n<p style=\"text-align: justify;\">The final report includes detailed market demand projections, confirming a long-term need for dry and liquid bulk handling capacity in Cabo Verde. In response to project-specific requirements, the terminal design was refined to accommodate the handling of hydrocarbons, ensuring alignment with anticipated cargo flows and operational needs.<\/p>\n<p style=\"text-align: justify;\">\u201cThe future bulk terminal at Porto Fundo will be more than a logistics asset &#8211; it will open up new business opportunities for Cape Verde and make the islands an important maritime hub on the West African coast,\u201d said Dr Martin Schramm, the responsible Project Manager at HPC. \u201cBy localising key cargo handling capacities, Cabo Verde can reduce dependency on transshipment routes, stabilise supply chains for essential goods like construction materials or grain, and strengthen its economic autonomy. Our study shows that with targeted investment, this vision is well within reach.\u201d<\/p>\n<p style=\"text-align: justify;\">In early April, representatives from HPC, COPISA, AFRICOM, and other stakeholders met with the government of Cabo Verde to present the results of the study. The project received full political support, and the process for establishing a public-private joint venture to realise the port development was initiated. As a first step, COPISA, AFRICOM, and the municipality of Santa Cruz signed initial documents formalising their collaboration. HPC will continue to support the project\u2019s advancement through future planning and implementation phases.<\/p>\n<p style=\"text-align: justify;\">The Porto Fundo study reflects HPC\u2019s broader commitment to supporting sustainable infrastructure development in island contexts, where tailored planning, realistic investment pathways and close stakeholder collaboration are essential.<\/p>\n<p>Source : HPC<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HPC has successfully delivered a pre-feasibility study for the development<\/p>\n","protected":false},"author":1,"featured_media":18022,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,2088,442,1921,2300],"tags":[1493,2089,2687,2150,31,32,1485,1297,1388,75,45,1507],"class_list":["post-18021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en","category-cabo-verde","category-news-en","category-ports-harbours","category-terminal","tag-africa-en","tag-cabo-verde","tag-daily-news","tag-infrastructure","tag-maritimafrica","tag-maritime","tag-maritime-in-africa","tag-maritime-industry-en","tag-news","tag-ports","tag-shipping-en","tag-terminals"],"yoast_head":"<!-- This site is optimized with 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