Cape Verde announces plans to expand port capabilities

Property investors in Cape Verde will be boosted by news that refurbishment and expansion work to its Porto Novo port is scheduled to start next May.

Macauhub reports that the expansion is set to be completed in two stages, the first of which includes extending the dock by 40 metres, building a new passenger terminal along with a car park and constructing other peripheral buildings.

Secondary plans have been outlined to widen the dock by a further 130 metres, to construct a road to link the port to the city of Porto Novo and introduce a fishing dock and numerous other lifestyle features.

The news is likely to be of interest to those with property in the archipelago as it should help to increase tourism numbers in the region.

Earlier this year, the Daily Mail, one of the UK's leading newspapers, said investors to the islands were reaping the rewards of their patience.

This was due to a 22 per cent rise in tourism compared with the previous year and new airports and ferry services likely to increase this figure further in the future.

Like this? Then share with your friends and colleagues!