Freetown Extension Deal Inked
Under the patronage of the Sierra Leone President, Ernest Bai Koroma, the official signing ceremony was held for the Port of Freetown container terminal extension project last week.
After six month of engineering and design study, Bolloré Africa Logistics will expand the capacity of Freetown Terminal by building up a new 270m quay with a draught of 13m, backed by 3.5 hectares of storage yard, taking the total capacity of the container terminal to 750,000 TEUs.
The whole of the investment, including infrastructure and equipment, amounting to $120 million, will be funded by Bolloré Group.
The project will enable the creation of 500 jobs, as well as generating indirect employment for hundreds of people.