Independent journal on economy and transport policy
13:36 GMT+1
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Group ICTSI will manage the multipurpose terminal of the new port camerunense of Kribi
The Philippine company is declared temporary highest bidder
June 19, 2019
The terminalista group Philippine International Container Terminal Services, Inc. (ICTSI) is declared temporary highest bidder in the within of the contest for the concession of the activities of development, management and maintenance of the multipurpose terminal of the new port camerunense of Kribi. The procedure previews that now the Harbour Authority of Kribi leads negotiations in via exclusive right with group ICTSI to the aim reaching the subscription of the contract, that it will have a duration 25-year-old with expiration in 2045.
At the beginning of the concession the terminal multipurpose of Kribi, thanks to completion in June 2014 of the first phase of the project, will arrange of a dock of 265 linear meters with depth of the -16 backdrop meters and areas of storage for ten hectares, while beginning from the fifth year the terminal will have of two docks for a total of 615 linear meters. The initial nominal ability to the terminal will be of 1,2 million tons per year.
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