French logistics group Bollore has committed to invest US$ 640 million in building a third quay at the Togolese port of Lome.
Bollore said it hoped to double container traffic within five years and then treble it after ten years. Current container volumes at the port are between 350,000 and 400,000 TEUs annually. The new quay will be 450 metres long with a depth alongside of 15 metres and able to take container ships alongside of up to 7,000 TEU.
French logistics group Bollore has committed to invest US$ 640 million in building a third quay at the Togolese port of Lome.
Bollore said it hoped to double container traffic within five years and then treble it after ten years. Current container volumes at the port are between 350,000 and 400,000 TEUs annually. The new quay will be 450 metres long with a depth alongside of 15 metres and able to take container ships alongside of up to 7,000 TEU.
The news was broken by Togolese president Faure Gnassingbe and Bollore president Vincent Bollore. In terms of the concession awarded Bollore shares the handling of the port of Lome with another French company, Manuport, a division of French group Getma International.
Discussion about this post