APM Terminals has signed a 25-year concession agreement for the operation of the Port of Monrovia in Liberia, having been named the preferred bidder for the port management and modernization project last March. The now formalized agreement for the port’s privatization will result in the investment of $120 million USD in the facility over the course of the contract term.
The ATM Terminals Global Terminal Network is well-established in West Africa with facilities in Abidjan, Ivory Coast; Cotonou, Benin; Tema, Ghana; Apapa (Lagos), and Onne (Port Harcourt), Nigeria; Doula, Cameroon, Pointe Noire (under development), DR Congo and Luanda, Angola.