Ivory Coast to get second container terminal
Construction of a second container terminal at Abidjan port is set to commence after by China’s Eximbank loan to Ivory Coast. Director general of the Abidjan port Hien Yacouba Sie said construction of the new terminal will be crucial since the country hopes to increase capacity in one of the busiest ports in the continent. Construction works will include a roll on/roll off terminal and expansion of Vridi canal.
Expected to start off in the first quarter of 2015, the Abidjan port expansion operation is expected to conclude by 2021. The new terminal will be managed by a consortium led by France’s Bollore.
Ballore is also going to provide US$377.5m to finance other infrastructure at the port.. The additional infrastructure is also expected to improve traffic at the port.
The Abidjan port registered a tonnage of 21 million tonnes in 2013 and the cargo traffic is increasing as the country recovers from political instability.