The construction of the new Maio port looks all set to proceed. It has been reported that the funding is now in place. The estimated cost of the project is €15m, together with a further €1.5m for the access road to the new port and training for young people on the island. The African Development Bank has backed the project. The president of the Bank will be in Cape Verde in July and this will coincide with the launch of the construction tender. Following technical investigations and studies, the new port will be located on the site of the existing port, close to Vila do Maio (Porto Inglês). It is understood that the ferry between Praia and Maio will be able to continue during the construction period. The new facilities should improve the experience for people traveling by ferry between Praia and the island of Maio.