Dubai: Global marine terminal operator DP World has formally taken over operations at the Port of Djen Djen in Algeria, now DP World Djen Djen, in accordance with a 30-year operating concession signed early last month.
Officials from the Ministry of Transport and the Ministry of Industry and Foreign Investment joined senior DP World management at a ceremony to mark the official handover of the terminal to the new entity, a joint venture between DP World and the Algerian port authority.
DP World Djen Djen, located 350km east of the Algerian capital Algiers, is fundamental to the country's long-term growth strategy. The port is the main terminus for the eastern part of the country, and will be developed as a transshipment hub for the western Mediterranean.
DP World Djazair, which handles more than 60 per cent of the country's external trade, will be developed to serve primarily domestic needs. Currently, Djen Djen handles only bulk traffic.
The latest addition to DP World's global terminal portfolio is expected to attract significant new investment, and create thousands of new jobs in a region with one of the youngest populations in North Africa.
DP World Djen Djen will benefit immediately from the introduction of a highly experienced management team, as well as training opportunities for staff.
The ceremony took place in the city of Jijel, 11km west of the terminal.
Those present included Touati Yahya, the Ministry of Transport's representative in the province of Jijel, Anil Singh, senior vice-president and managing director for Africa region, DP World, and Tarik Al Farouki, director-general of DP World Djen Djen.
DP World Djen Djen is the second DP World concession in Algeria, the first being the Port of Algiers, now DP World Djazair.
