Bolloré Africa Logistics has awarded a €42.5 million contract to French construction giant Vinci to build a third quay at the port of Lomé, in Togo, West Africa.
Starting in May, the work to construct the 450 metre quay is expected to take 18 months to complete. Bolloré said the project would lead to the creation of several hundred jobs.
Bolloré aims to develop Lomé as the “premier transhipment hub in West Africa for large-capacity containerships from Asia”, and the favoured gateway for land-locked countries in Togo’s hinterland, such as Mali, Burkina-Faso and Niger.
In addition to Lomé, the Bolloré Africa Logistics has container terminal contracts at four other African ports: Conakry, in Guinea; Freetown, in Sierra Leone; San Pedro in the Ivory Coast; and
Misrata, in Libya.
Last September, Bolloré announced an investment of US$200 million at Conakry to expand facilities by deepening an access channel constructing two quays by 2013.
Bolloré’s activities in Africa span forwarding, logistics, port management and stevedoring in 45 countries, with its 250 subsidiary companies employing 22,000 staff.
Photo : Vincent Bolloré