French-Chinese consortium wins 25-year Kribi terminal concession in Cameroon
A consortium of two French companies, CMA CGM and Bolloré Africa Logistics, and China’s China Harbour Engineering Co, have won the concession to operate the 1.4m teu Kribi container terminal in Cameroon.
The concession for the Kribi Container Terminal is 25 years and CMA CGM said vessels up to 8,000 teu capacity would be able to call the 1.4m teu capacity container terminal. “When finished, it will be composed of a 700 metre length wharf and a 32 hectare platform made for 16 metre draught. A first 350 meter length wharf will be operational within a few months,” it said.