APM Terminals Investment in Apapa Hits N180 billion

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Nigeria’s largest container terminal, APM Terminals Apapa has said that it invested $438 million (about N180 billion) in the upgrade of its facility, acquisition of modern cargo handling equipment …

Nigeria’s largest container terminal, APM Terminals Apapa has said that it invested $438 million in the upgrade of its facility, acquisition of modern cargo handling equipment and support of seamless service since it won concession of the terminal in 2006. The investment is the highest by any port terminal operator in Nigeria.

Aside the investment in equipment and facility upgrade, he said APM Terminals Apapa is also investing substantially into continuous development of its workforce. “An equally important investment is the investment into our workforce, ensuring that we continuously develop our staff. This covers trainings, career progression and, of course, expanding the business and creating new jobs.

“Some of our other investments are aimed at simplifying and enhancing trade. For a long time, shipping has been a very manual and paper-heavy process. We are using global best practices to introduce digitalized products, in order to ensure that importers and exporters enjoy a seamless service from the terminal,”Knudsen said.

 

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Who cares about their investment.This terminal needs to liaise with government to build more dry ports of its kind around Lagos. This habitual movement of trucks converging in this terminal is reason for the gridlock occasioned in Apapa.

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