Construction of the new container terminal started in Ivory Coast
The new facility will increase the competitiveness of the port in the Ivorian capital by adding an annual throughput capacity of TEU 1.2 million in its first construction phase, which is expected to be completed by the end of 2021.
On 5 October 2020, the groundbreaking ceremony for the new facility took place in the presence of government officials from Côte d'Ivoire.
The investment is the product of Côte d'Ivoire's continued stable growth, which makes it an interesting and high-potential market for both imports and exports. Côte d'Ivoire has achieved a strong GDP growth rate in recent years, averaging 6-7 percent per annum, resulting in substantial growth in import and export volumes.
The terminal and port of Abidjan will not only meet the needs of the local market with the additional capacity provided by CIT, but also serve as a preferred gateway for neighboring countries that currently depend on less optimal routes due to capacity constraints at local gateway terminals, such as Burkina Faso, Mali and Niger.
With an area of 37.5 hectares, the CIT will give greater goods handling capacity in the port of Abidjan and will boost the flow of imports and exports of the country, while at the same time contributing to the development of local communities, not least through the creation of 450 direct jobs. It will also serve as a lever for the growth of value chains for agriculture and will support the local producers of cocoa, cashew and mango in particular.
Maritime Business World