The Port Authority of Douala launches the container terminal renovation

Economy

The Port Authority of Douala launches the container terminal renovation

Comments

- Friday, 24 June 2022 12:07

(Business in Cameroon) - The Port Authority of Douala (PAD) announced it has started works to renovate its container terminal. The project is expected to improve the fluidity and safety of operations on the port platform.

The work will last two months and require an investment of CFA473 million. Phase I will cover 10,000 m2. The remaining 38,000 m2 will follow. At the end of these upgrading works, PAD plans to build new quays and a new yard. This will allow the terminal to support a larger volume of goods.

The Container Port Performance Index (CPPI), published at the end of May by the World Bank and S&P Global Market Intelligence, ranked the port of Douala 30th out of 45 in Africa. It is ranked just after the port of TIN CAN Island (Nigeria) and ahead of that of Onne (Nigeria).

The management of the container terminal of the port of Douala has been nationalized since 2020 with the creation of the Container Terminal Board (RTC). Its mandate runs until 2024.

S.A.

Follow @investcameroun

Cameroon: CNCC and APME equip 150 agri-food SMEs in Douala

The National Council of Shippers of Cameroon (CNCC) and the Agency for the Promotion of Small and Medium-sized Enterprises (APME) provided equipment to...

Cameroon grapples with persistent inflation at 7.7%, double the regional tolerance limit

Cameroon’s national stats agency INS issued a report indicating that the country’s average annual inflation rate in October 2023 reached 7.7%. Although...

Customs resume goods auctions at the port of Kribi after a two-year break

An auction of goods will be held at the port of Kribi on December 8, according to a November 21 press release signed by Norbert Belinga, head of customs...

Cameroon's stakeholders finalize creation of cotton interprofession

From November 23 to 26, 2023, stakeholders in the cotton sector, including the Cotton Development Company (Sodecoton), the National Confederation of...