logoBC
Yaoundé - 19 April 2024 -
Transport

Kribi deep-water port lowers service costs by 20-30% to attract more operators

Kribi deep-water port lowers service costs by 20-30% to attract more operators
  • Comments   -   Wednesday, 13 March 2019 16:24

(Business in Cameroon) - The Autonomous Port of Kribi (PAK), the public company which manages the deep-water port of Kribi commissioned March 2, 2018, in the southern region of Cameroon, announced it is reducing the costs of its services by 20 to 30%, to attract as many economic operators as possible.

The announcement was made by MD Patrice Melom, on 7 March 2019 in Douala, during a meeting with members of the Cameroon employers group (Gicam). Price reduction concerned towage and boatage, scanning and handling services, which are all reduced by 20%, compared to 30% for the port fees of ships operating at the container terminal.

With a container terminal of 315 m docks, ceded to the Franco-Chinese consortium Bolloré-CHEC-CMA CGM, and a 265 m multipurpose terminal, operated under the direction of the Cameroonian KPMO consortium, the deepwater port of Kribi officially claimed a traffic volume of 6.4 million tons, for 264 ship calls, between its commissioning on 2 March and 31 December 2018.

With its 16-metre draught, this port infrastructure is presented by experts as one of the most strategic on the entire West African coast. Second phase of construction involves the construction of a second container terminal, with 750 meters of docks, and two other mineral and hydrocarbon terminals.

Brice R. Mbodiam

cameroun-taps-ivorian-firm-for-visa-service-upgrade
The Ministry of Foreign Affairs (Minrex) revealed that Ivorian company Impact Palmarès R&D SAS will manage its electronic visa service for 10 years,...
cameroon-investment-forum-2024-focuses-on-import-substitution-policies-and-private-sector-concerns
The fourth edition of the Cameroon Investment Forum (CIF), organized by the Investment Promotion Agency (API), kicked off on April 17 in Douala, the...
market-cap-bvmac-still-below-targets-despite-near-37-surge-in-2023
The most recent Monetary Policy Report from the Central Bank of Central African States (BEAC), released in March 2024, indicates a substantial surge in...
yaounde-municipality-cracks-down-on-unauthorized-ads-demands-fees
The Urban Community of Yaoundé (CUY) has been demanding nearly CFA4 billion since 2020 from businesses, including SMEs and multinationals, for the use of...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »