TIL pays €37m to secure the Douala container terminal
This amount covers the entry fee paid by the subsidiary of Mediterranean Shipping Company (MSC) when it was selected as the preferred bidder for the operation and maintenance of the container port on 16 September.
Someone shares this article with you
▪ TIL pays €37m to secure the Douala container terminal
▪ This amount covers the entry fee paid by the subsidiary of Mediterranean Shipping Company (MSC) when it was selected as the preferred bidder for the operation and maintenance of the container port on 16 September.
▪ https://www.africabusinessplus.com/en/799053/til-pays-e37m-to-secure-the-douala-container-terminal/
Terminal Investment Limited (TIL), led by CEO Ammar Kanaan, was confirmed on 4 September as the successful candidate by the ad hoc Committee, chaired by Faustin Dingana, in charge of awarding the concession. The deal offers a guaranteed total of CFA francs 146.7bn ($246.12m) in discounted licence fees.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Logistics
09/12/2019 at 15h13, by Africa Business+, updated 10/12/2019
MSC still shut out from managing operations at Douala
Following another legal victory on 4 December for the current licence holder, Douala International Terminal...
Maritime transport
23/09/2019 at 16h18, by Gaëlle Arenson
Doubts about TIL’s projections for activity at the Douala terminal
For some port operators, notably APMT-Bolloré, the figures released last week by the Port Authority...
Maritime transport
12/09/2019 at 16h27, by Africa Business+, updated 22/10/2019
Douala container terminal: risks of illegality, TIL and DP World still in the race
Will the tendering procedure for the concession at Douala container terminal from 1 January 2020 (two...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.