Guinea’s new president Alpha Conde has cancelled a concession awarded to Getma International to manage and operate the container terminal at the port of Conakry.
The presidential decree was read out over local state radio.
Guinea’s new president Alpha Conde has cancelled a concession awarded to Getma International to manage and operate the container terminal at the port of Conakry.
The presidential decree was read out over local state radio.
Getma was awarded the concession in 2008 against competition from fellow French group Bollore and Denmark’s AP Moller-Maersk. According to the announcement the contract had been ‘annulled’ “due to failings by the concessionary regarding its obligations.” A month ago Vincent Bollore, president of logistics group Bollore visited Guinea and announced the intention of Bollore investing $150 million in a separate dry port to relieve the pressure on the existing port and terminal.
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