Abu Dhabi’s AD Ports Group began its long-term management and development of a major multipurpose terminal and an associated logistics business with local partners in Luanda, Angola.
With Angolan joint venture partners Unicargas and Multiparques, AD Ports Group started operations at Noatum Ports Luanda Terminal in the country’s largest port.
The Port of Luanda handles about 76% of Angola’s container and general cargo volumes, as well as providing maritime access to landlocked neighbours Democratic Republic of the Congo and Zambia.
AD Ports Group has an 81 percent stake in the multipurpose terminal venture with Unicargas and Multiparques, and a 90% stake in the logistics venture with Unicargas.
Under a 20-year concession agreement with the Luanda Port Authority signed in April 2024, AD Ports Group committed to invest around $250m through 2026 to modernise the terminal and to develop Noatum Unicargas Logistics, the joint venture providing integrated logistics, transport and freight forwarding services for local, regional and international clients.
With the terminal’s opening on January 30, trading began at Noatum Unicargas Logistics. Noatum Unicargas Logistics is making an investment in new trucks and systems and will be fully integrated with the Noatum Logistics global network to strengthen Angola’s access to international markets and drive investment-led growth in the Angolan economy.
In line with market demand, AD Ports Group’s investment could increase to $380m over the life of the concession, which could be extended by another 10 years.
As it is reported by AD Ports Group, the Luanda port terminal will be significantly upgraded to a general cargo, container and roll on-roll off (Ro-Ro) terminal. It will be able to handle Super Post Panamax vessels of up to 14,000 TEUs. The terminal area of 192,000 sqm will be re-engineered to support high density and efficient container handling.
