CONCESSÃO DO TERMINAL MULTIUSO DO PORTO DE LUANDA Novembro 2019 VERSÃO PRELIMINAR MULTIPURPOSE TERMINAL OF THE PORT OF LUANDA Concession of the Seaport Infrastructure Investment Memorandum December 2019 Contents 1 INTRODUCTION .............................................................................................................. 5 2 ANGOLA’S SOCIAL AND ECONOMIC ENVIRONMENT ......................................................... 6 2.1 Social and Economic Development in Angola ............................................................... 6 2.2 Private Investment Framework ................................................................................... 12 2.3 Infrastructures National Development Plan ............................................................... 15 3 SEAPORTS SECTOR ........................................................................................................ 18 3.1 Seaport Activity in Sub-Saharan Africa ........................................................................ 18 3.2 Seaport Infrastructures in Angola ............................................................................... 20 3.3 Angolan Seaport Sector in Numbers ........................................................................... 28 3.4 Regulatory Framework of the Seaport Sector in Angola ............................................ 29 4 PORT OF LUANDA ......................................................................................................... 32 4.1 General Description..................................................................................................... 32 4.2 Main seaport infrastructures ...................................................................................... 33 4.3 Operational Activity Performance of the Port of Luanda ........................................... 37 5 MULTIPURPOSE TERMINAL OF THE PORT OF LUANDA ................................................... 46 5.1 Description of the different relevant activities developed in the Terminal ................ 46 5.2 Description of the main infrastructures and equipment ............................................ 46 5.3 Description of the current labour force ...................................................................... 52 5.4 Operational Activity Performance of the Multipurpose Terminal .............................. 55 5.5 Historical Economic Indicators of SOPORTOS ............................................................. 59 5.6 SWOT Analysis ............................................................................................................. 60 6 SUMMARY OF THE TENDERING PROCEDURE .................................................................. 60 7 SUMMARY OF THE SPECIFICATIONS .............................................................................. 62 Figures Figure 1 – Development Areas ................................................................................................................... 12 Figure 2 – National Network of Seaports and Railways ............................................................................. 17 Figure 3 – Main Seaports and Railway Corridors in Africa ......................................................................... 19 Figure 4 – National Network of Seaports and Railways ............................................................................. 20 Figure 5 – Map of the Port of Lobito and its Existing Terminals ................................................................. 23 Figure 6 – Map of the Port of Cabinda ....................................................................................................... 24 Figure 7 – Layout of the First Stage of the Future Port of Caio .................................................................. 25 Figure 8 – Layout of the Second Stage of the Future Port of Caio ............................................................. 25 Figure 9 – Map of the Port of Namibe and Existing Terminals ................................................................... 26 Figure 10 – Map of the Port of Luanda and Terminals ............................................................................... 32 Figure 11 – Map of the Multipurpose Terminal ......................................................................................... 47 Figure 12 – LIEBHERR cranes and Pier Area ............................................................................................... 48 Page 1 of 65 Tables Table 1 – Real GDP Growth Rates for Angola (2017-2020) .......................................................................... 9 Table 2 – Economic Indicators for Angola (2017-2020) ............................................................................... 9 Table 3 – Procedural Regimes for Private Investment Approval ................................................................ 13 Table 4 – Tax Incentives ............................................................................................................................. 13 Table 5 – List of Logistics Platforms planned for Angola ............................................................................ 16 Table 6 – List of Africa’s Largest Seaport Operators................................................................................... 19 Table 7 – Terminals and Concessionaires of the Port of Luanda ................................................................ 33 Table 8 – List of Existing Equipment in the General Cargo Terminal .......................................................... 34 Table 9 – List of Existing Equipment in the Multipurpose Terminal ........................................................... 34 Table 10 – List of Existing Equipment of the Container Terminal .............................................................. 35 Table 11 – Vessel traffic in the Port of Luanda (number of ships) ............................................................. 37 Table 12 – Traffic of Long-haul Vessels by Navigation Agency ................................................................... 38 Table 13 – Traffic of Long-haul Ships by Navigation Agency (1st Semester 2018 vs. 1st Semester 2019) ... 39 Table 14 – Cargo Volume Handled by Type of Goods (2016- 1st Semester 2019) ..................................... 41 Table 15 – Cargo Volume Handled by Type of Goods (1 Semester 2018 vs. 1 Semester 2019) ................. 42 Table 16 – Cargo Volume Handled by Terminal (2016 – 1 Semester 2019) ............................................... 42 Table 17 – Cargo Volume Handled by Terminal (1 Semester 2018 vs. 1 Semester 2019) .......................... 42 Table 18 – Container Traffic by Terminal and type of Container ............................................................... 45 Table 19 – List of existing Mobile Cranes in the Terminal .......................................................................... 49 Table 20 – List of existing Handling Equipment in the Terminal ................................................................ 49 Table 21 – List of existing Light Vehicles in the Terminal ........................................................................... 50 Table 22 – List of IT Equipment .................................................................................................................. 51 Table 23 – Vessel Traffic Performance in the Multipurpose Terminal ....................................................... 55 Table 24 – SWOT analysis of the Multipurpose Terminal .......................................................................... 60 Table 25 – Summary Table of the Tender Procedure ................................................................................. 61 Table 26 – Summary of the Specifications ................................................................................................. 62 Graphics Graph 1 – Oil & Gas Production and Real GDP Growth ................................................................................ 6 Graph 2 – Evolution of BNA Rate.................................................................................................................. 7 Graph 3 – Real GDP Growth (Oil and Non-oil Sectors) ................................................................................. 8 Graph 4 – Primary Balance and Fiscal Balance (% of GDP) ......................................................................... 10 Graph 5 – Largest Seaports in Sub-Saharan Africa in 2017, thousand TEUs handled ................................ 18 Graph 6 – Average Stay (days) for Ships in selected African Seaports, 2017 ............................................. 22 Graph 7 – Cargo Volumes Handled in the Ports of Angola between 2012 and September 2019 .............. 28 Graph 8 – Vessel Traffic per Terminal (number of ships) ........................................................................... 37 Graph 9 – Vessel Traffic in the Port of Luanda by Navigation Agency (2016 – 1st Semester 2019) .......... 40 Graph 10 – Passenger Traffic in the Port of Luanda (2016 – 1st Semester 2019) ...................................... 41 Graph 11 – Container Traffic in units (2012 – 1st Semester 2019) ............................................................ 43 Graph 12 – Container Traffic in TEUs ......................................................................................................... 43 Graph 13 – Container Traffic in TEUs by Terminal ..................................................................................... 44 Graph 14 – Container