Consotium of three operators wins contract for operation of Kribi container terminal
The consortium formed by Bolloré Africa Logistics, CMA CGM, and CHEC wins the contract for the operation of the container terminal. Following the international call for tender issued by the Cameroon authorities, a consortium formed by Bolloré Africa Logistics, CMA CGM, and CHEC has been awarded the contract for the operation of the deep water container terminal at Kribi, BAL said in a press release.
Cameroon has chosen the consortium for the solidity of its strategic, financial and technical platform. The concession is for an initial 20-year term.
With a 15 m draught and direct access to the sea, the port at Kribi offers Cameroon the capacity to welcome large vessels carrying up to 8,000 containers. The Bolloré Africa Logistics / CMA-CGM / CHEC consortium will manage the container terminal, offering a 350 m wharf built and equipped by the Chinese company CHEC. An additional 700 m wharf is due to be built in phase 2, within a maximum schedule of 5 years.
This major port facility will provide access to new logistics corridors reaching out across the region via direct connections between the port of Kribi and the rail and road networks that are vital assets for development. As planned by the Cameroon authorities, Kribi will also be a port transhipment hub supported by the world’s third-ranking ship owner. The whole country and the surrounding sub-region will benefit from their support, bringing new momentum to development.
Bolloré Africa Logistics is the leading integrated logistics network on the African continent and the operator of public-private partnerships in the port and rail sectors. The Company With its territorial coverage and presence in 55 countries, including 45 in Africa, and a workforce of 25,000, Bolloré Africa Logistics is today the specialist in customized industrial projects, with customers all over the world.