DP World’s Rwanda dry port will facilitate trade in region says Dubai Exports official
Rwanda’s dry port will ease trade in Rwanda and neighbouring markets, according to Mohammed Al Kamali the deputy chief executive officer of Dubai Exports speaking to the New Times.
Dubai Exports is the promotion agency of the Department of Economic Development – a government body entrusted to set and drive Dubai’s economic agenda within the broader governance systems of the United Arab Emirates.
Al Kamali and a delegation from the UAE paid a visit to the facility owned by DP World, which signed a 25-year concession agreement with the Rwandan government in 2016 to construct and manage the 30 hectare facility.
Located in Masaka and operational since June, the dry port is the country’s largest inland cargo handling facility.
According to DP World, the first phase of the facility is now ready, with an annual capacity of 50,000 tonnes and 640,000 tonnes of warehousing space.
Speaking to The New Times during the facility tour, Al Kamali said that the facility is as a solution that will ease trade in Rwanda, and nearby markets.
“It is not only going to serve this country but it is going also to reach to the closest markets to Rwanda. DP World’s solutions available for the traders are going to be very practical and competitive in terms of time,” he said.
A statement from DP World Kigali described the facility as a solution to inland logistics problems by providing a one stop shop for all logistics requirements and cargo services.
High trade costs are said to hold back economies so initiatives that increase physical access to markets enhance the trade environment and improve business competitiveness.
The new facility is also expected to reduce waiting time for trucks as it has adequate space for the offloading of cargo.
It is estimated that trucks often spend between a week and 10 days waiting at the current main cargo handling facility, which not only consumes time but also takes up resources.
The waiting fees per truck is between $150 and $200 per day. The facility will eliminate such costs enabling greater investment in local logistics.