Maersk has been linked to a new container terminal project at Ivory Coast’s Port of Abidjan worth almost US$ 500 million, according to a Reuters report.
Philippe Labonne, Deputy CEO of Bollore Transport and Logistics, Bolloré, told Reuters that the French transportation company aims to invest with the Danish business conglomerate from next year to build the port's second container terminal, which could be operational by June 2020.
Maersk is the parent company of APM Terminals, its terminal operator branch, and Maersk Line, the world's largest container shipping line.
Read Port Technology's 'Container Trades of East and Southern Africa' technical paper by Dirk Visser, Dynamar
The Port of Abidjan, located at Treichville in the south of the country, is the most important port in West Africa and the second most important in Africa after the Port of Durban.
According to the Ivoirian Ministry of Economy and Finance, traffic through the port contributes to 90% of the customs revenues of Ivory Coast and 60% of the country's income.
Ivory Coast authorities want the port to become a regional hub.