The geostrategic location in the Atlantic, in the centre of the trade route between 3 continents, has always been a competitive advantage for the country, making it naturally attractive as a logistical hub, as well as for port activity and ship repair. The government's heavy investment in modernising the country's main ports, with 3 deep water ports currently in operation, is a clear signal that this important sector in the country is being prioritised.
Despite its small size, Cape Verde has an extensive and exclusive economic maritime zone of 789,400 km2, around 9.4% of the total Sub-Sahara African EEZ. There is also a growing fisheries industry (fish processing), making up the majority of the country's exports. According to INPD’s estimates, the fish stock potential deemed to be sustainable is between 36,000 and 44,000 tonnes per year
Main business opportunities
• Logistical hub in the Atlantic – a container terminal for transshipment
• Ship construction, repair and maintenance
• Bunkering and port handling
• Construction and management of a new deep water port and cruiser terminal on the island of S.Vicente
• Fishing industry
• Creation of a Science and Technology Park about the sea and fisheries
