MSC and San Pedro Port have signed a 35-year concession agreement for the expansion of the San Pedro Container Terminal (TCSP) in Côte d’Ivoire in the presence of Amadou Gon Coulibaly, prime minister of Côte d’Ivoire.
With a total initial investment of more than $500m, this project will allow the port to handle 14,000 teu ships.
“The Port of San Pedro will become one of the most competitive transhipment hub of the region, the sub-regions as well as of the West African coast,” MSC said in a release.
Diego Aponte, MSC president and CEO, said: “The signing of this agreement today will further strengthen the strong links between MSC and the government of Côte d’Ivoire. It also confirms our long-term engagement to contribute to national efforts in supporting the country’s growing position on the international scene.”