Bolloré, CMA CGM and CHEC win Kribi Container Terminal concession
September 06
2015
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A consortium formed by the groups Bolloré Africa Logistics, CMA CGM and China Harbour Engineering Corporation (CHEC) has been chosen for the management of the container terminal of the Kribi Port in Cameroon, according to a communiqué from the Cameroonian Prime Minister Philémon Yang published on 26 August.
The French-Chinese consortium will also be in charge of the expansion of the terminal, a project for which CHEC had already carried out the first phase of construction. The grouping won against Danish APM Terminals and Filipino International Container Terminal Services (ICTSI), who were also pre-qualified among the 10 candidates who had submitted their application.
Indeed, by end April, the ad hoc committee analysing offers and established by the Prime Minister, published a report in which it appeared that the Bolloré-CMA CGM-CHEC consortium submitted the best financial proposal (623.4 million Euros), followed by ICTSI (467.3 million Euros) and APM Terminals (403.6 million Euros).
Let us recall that a first invitation for tenders for the management of the container terminal in Kribi launched in June 2008 was declared unsuccessful on 15 January 2014 by the Prime Minister Philemon Yang. The second invitation for tenders was launched on 3 February 2015.