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Port of Monrovia

Sector: Water Supply and Storage • Location: Liberia

Source: World Bank Group

Project
Active

In October 2010, APM Terminals (AP Moller - Maersk Group) signed a 25-year concession for the rehabilitation and the operation of the Port of Monrovia. The concession was 100% owned by APM Terminals.

The project was awarded by the government of Liberia to AP Moller - Maersk Group following a competitive bidding process. The project reached closure with the signature of the contract and the begi

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The project “Port of Monrovia” is an infrastructure initiative in the Water Supply and Storage sector, located in Liberia. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

In October 2010, APM Terminals (AP Moller - Maersk Group) signed a 25-year concession for the rehabilitation and the operation of the Port of Monrovia. The concession was 100% owned by APM Terminals. The project was awarded by the government of Liberia to AP Moller - Maersk Group following a competitive bidding process. The project reached closure with the signature of the contract and the beginning of operation. The project is not captive. AP Moller - Maersk Group committed to invest US$120 million over the next 25 years. APM Terminals was to invest an additional US$25 million to renew the container yard, buildings, gates, and to enhance safety activities. Operations commenced May 25.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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