The Board of Directors of Cabnave Estaleiros Navais de Cabo Verde, S.A. recently hosted a working meeting with a delegation from the European Investment Bank (EIB) and representatives of the European Union in Cape Verde. This meeting was part of the financing process for the restructuring and remodelling of CABNAVE.

During the meeting, the Board of Directors gave a comprehensive presentation on the shipyard, highlighting its history, technical capacity and ongoing projects. This presentation was followed by a guided tour of the facilities, where the visitors were able to take a closer look at operations and learn about the areas in need of investment.

The mission, made up of two delegations, one from the European Investment Bank and the other from the European Union representation in Cape Verde, had the main objective of assessing CABNAVE’s current situation. The focus was on investment needs for the rehabilitation of the shipyards, with a view to modernising the infrastructure and improving operational efficiency.

This meeting emphasises the importance of strategic partnerships and international support for CABNAVE’s sustainable development. Collaboration with the EIB and the European Union is crucial to securing the resources needed to transform the shipyards, promoting competitiveness and excellence in Cape Verde’s naval sector.

Cabnave reaffirms its commitment to continuing to invest in its future, strengthening its position as one of the region’s leading shipyards through initiatives that boost the quality of its services.