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Friday, 03 July 2015

Haiti opens first Panamax hub at Port Lafito

Haitian authorities have commissioned the country’s first Panamax port with the inauguration of Port Lafito, a 130,000 m2 container hub near the island’s capital of Port-au-Prince.

The multi-million dollar project has been led by diversified industrial consortium, the GB Group, and developed on a Public Private Partnership (PPP) basis.

Strongly supported by the Haitian government the project has also included involvement from several major financial institutions including the State-run Banque Nationale de Credit, Capital Bank, Fond de Developpement Industriel (FDI), the International Finance Corporation (IFC), Nederlandse Financierings-Maatschappij voorOntwikkelingslanden (FMO) and Nationale D’assurance (NASSA).

“This project will make a significant impact on the national economy and have a beneficial impact on the more than 10 million people that live here. We are proud to announce that the day has come where we can help bring Haiti to the forefront of modern logistics,” Reuven Bigio, chief executive of GB Group commented.

The new port features a draught of 12.5 metres and berth length of 450 metres and is equipped with two Liebherr LHM 420 mobile harbour cranes and Tideworks terminal operating system (TOS). Terminal specialist SSA Marine has been contracted to oversee port and terminal operations and port authorities have also finalized shipping agreements with Evergreen Marine and King Ocean Services.

The newly commissioned Port is the first step in the larger development of the Lafito Global economic zone which alongside the port facilities will include an industrial free zone, a business park and residential area.

“Port Lafito will breathe new life into Haiti by creating new jobs, training for skilled labor, and encouraging foreign investment and development. None of this would have been possible without the support from our public and private partners, for which we are very grateful,” Bigio added.

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