Concession agreement signed for Abidjan's second container terminal

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Concession agreement signed for Abidjan's second container terminal

Bolloré Africa Logistics announced  on 24 June 2013 that the consortium formed with APM Terminals and Bouygues signed a concession agreement for Abidjan's second container terminal.

Before that, a ICTSI/CMA CGM consortium appealed the decision to grant the concession to the APMT/Bolloré/Bouygues consortium. It alledged that such a decision was detrimental to competition and posed the risk of a monopoly as the winning consortium already manages Abidjan's first container terminal. The Ivorian regulatory authority of public procurement rejected that argument in early May.

The formal signature of the public-private partnership will be done before 31 July 2013.

The project investment is over €400 million, aims to endow the Abidjan port complex with a new deep-water container terminal capable of accommodating ships carrying up to 8,000 TEUs.

In late March, the Port autonome d'Abidjan  announced that it had chosen the consortium comprised of APM Terminals, Bolloré Africa Logistics and Bouygues to build and manage its second container terminal.

The project:

Plans for the new facility (TC2), call for an investment of 300 billion Central African Francs ($590 million USD) over the 21-year concession term. With a depth of 16 meters, the TC2 Public-Private Partnership will be able to accommodate vessels of up to 8,000 TEU capacity, greatly expanding the role of the port as a regional hub for West Africa, in accordance with the port's Master Plan.New construction will include 35 hectares (86 acres) of yard along 1,100 meters of quay, equipped with Ship-to-Shore gantry cranes and electric Rubber-Tire Gantry Cranes (eRTGs), an environmentally-friendly innovation representing a first for port operations in the Ivory Coast, and Africa.
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