The Necotrans group and the Kribi Port Multi Operators (KPMO) consortium, consisting of nine local operators (forwarders, maintenance and maritime agents) have been awarded the partnership contract for the operation and maintenance of the multipurpose terminal at the deep-water port at Kribi in Cameroon.
After the official publication of the notification by the Prime Minister and Head of the Government of Cameroon, Philemon Yang, on 26 August, the precise terms of the contract remain to be discussed with the authorities in Cameroon. Estimates point towards a concession of 20 years, investment of 26.2 million euros and licence fees paid to the State of Cameroon by Necotrans/KPMO. The airport is located 150 kilometers south of Douala.
The French logistics company, Necotrans group is a key player in international logistics set up in 1985. With over 3,500 collaborators in Africa and 126 offices in over 40 countries, 31 of which are on the mainland, over 95% of the Necotrans group’s turnover (1,063 million Euros in 2014) comes from Africa.In 2014, Necotrans grew considerably with new investment, especially in the freight terminal at Dakar (Senegal) and the river port of Brazzaville (the Republic of the Congo).
Kribi is the only deep-water port in Central Africa, and as such is destined to become the economic driving force of Cameroon and the sub-region, especially Chad and Central Africa”, explained Grégory Quérel, Chairman of Necotrans.
After a first phase of five years with an activity estimated at 1.4 million tons of freight per year from the second year, the second phase of 15 years foresees the provision of an adjacent quay measuring 350 metres and complementary facilities and equipment for an activity that will surpass 3 million tons per year.
The multipurpose terminal at Kribi will provide work for over 250 people. The main goods handled will be vehicles, wood, cotton, mineral ore and Oil & Gas equipment, together with the materials used for the construction of the industrial zone and the future power plant that will be right next to the Kribi port.