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Bollore Logistics squares off in Freetown against APMT in Monrovia
BOLLORE Africa Logistics, a unit of Bollore Group outside Paris, will start construction of an expansion of its container terminal in Freetown, Sierra Leone, having signed a contract for co-financing.
This news comes days after Maersk's APM Terminals announced that will invest $34.5 million to double capacity in Monrovia, Liberia, Bollore Africa Logistics mail rival in Central Africa.
The new US$120 million dock will be 270 metres long, have 13 metres alongside and a 35,000-square metre back up yard, increasing annual capacity 750,000 TEU, reports Maritime News Journal of Varna, Bulgaria.
Bollore Africa Logistics has operates the Freetown terminal since 2011 under a 20-year concession with a current capacity of 100,000 TEU.
The expansion of the quay and port is undertaken in response to increasing demand of export/import from the terminals in Sierra Leone following the economic growth of Central Africa.
Bollore Africa forecast growth of trade of Central African countries with China and Europe until 2020.
This news comes days after Maersk's APM Terminals announced that will invest $34.5 million to double capacity in Monrovia, Liberia, Bollore Africa Logistics mail rival in Central Africa.
The new US$120 million dock will be 270 metres long, have 13 metres alongside and a 35,000-square metre back up yard, increasing annual capacity 750,000 TEU, reports Maritime News Journal of Varna, Bulgaria.
Bollore Africa Logistics has operates the Freetown terminal since 2011 under a 20-year concession with a current capacity of 100,000 TEU.
The expansion of the quay and port is undertaken in response to increasing demand of export/import from the terminals in Sierra Leone following the economic growth of Central Africa.
Bollore Africa forecast growth of trade of Central African countries with China and Europe until 2020.
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