Following an international call for tenders launched by the Timor Leste authorities, Bolloré Ports, a division of Bolloré Transport & Logistics, was selected for the implementation of this ambitious project, the country's first public-private partnership signed for a 30-year term. The global investment is set at USD 490 million over the term of the concession – the largest ever made in Timor Leste with a private partner – comprising:
- the construction of a 630m wharf with a draught of 15m;
- the creation of a 27-hectare yard;
- the acquisition of new ultra-modern equipment meeting the highest international standards, including 2 ship-to-shore cranes (STS) and 5 rubber tired gantry cranes (RTG) on start-up.
Timor Leste‘s new container terminal will target productivity and performance levels in line with those of the world's biggest ports.
Three years of work will be necessary to transform this greenfield into a high-performance port complex.
Bolloré Transport & Logistics, which has been operating in Timor Leste for 16 years, through its subsidiary Bolloré Logistics (former SDV) is one of the largest country's private employer. This project will create 350 direct jobs and 500 more during the construction phase. It will also help promote the establishment of new companies in the future port district.