Home Media News The concession agreement for the Containers Terminal of the new Port of Kribi in Cameroon officially signed

The concession agreement for the Containers Terminal of the new Port of Kribi in Cameroon officially signed

Cameroon. 27 July 2017

On Tuesday, July 25, the concession agreement of the new container terminal of Kribi was signed, in Cameroon, during an official ceremony chaired by the Minister for Transport, Mr Edgar Alain Mébé Ngo’o.

Bolloré Transport & Logistics, operator in Africa and Cameroon for over 50 years, is now a shareholder of Kribi Containers Terminal, a reference port terminal in Africa.

Responding to an international call to tenders, the consortium of the French groups Bolloré Transport & Logistics and CMA CGM, and the Chinese group CHEC will finance and operate the containers terminal in Kribi for the next 25 years. The terminal management will be entrusted to them under a Public-Private partnership with the State of Cameroon.

The city of Kribi strategic location enables it to reach the entire Africa’s Atlantic coast and the Hinterland countries.

Bolloré Transport & Logistics investment in this new containers terminal, ideally located in Cameroon, will greatly contribute to the development of the country’s supply chain.

This terminal is a logistical hub, offering a modern infrastructure adapted to the new generation of ocean vessels. It allows all of Western Africa to redirect containers toward the Sub-Region countries.

Through its involvement in Kribi Containers Terminal development, Bolloré Transport & Logistics promises to do everything to make the Port of Kribi a global reference port, and to work to face Cameroon's development challenges.

The Port of Kribi, linked to the city of Edéa, is a major asset for the country. It will set up new logistical corridors in the region through direct connections with hinterland countries, such as Chad or the Central African Republic. The services offered by the Port of Douala will be supplemented by Kribi Containers Terminal. Both ports will facilitate the development of regional trade.

Nearly 300 direct domestic jobs will be created by the Kribi containers terminal.

Kribi Containers Terminal is currently equipped with a 350-metre-wide, 16-metre-deep dock, can host ships of an 8,000 TEUs capacity. It will operate 11,000 TEUs vessels in phase 2. The terminal will be able to process 1.3 million TEUs and will benefit from a 715-meter, 32-hectare wharf and a median.

Kribi Containers Terminal infrastructure and equipment meet the highest international standards. For the operations to start rapidly, the latest generation of docks and parkways will be put into service in the coming weeks.