Africa Global Logistics (AGL) has secured €230 million in financing to expand the container terminal at the Port of Pointe Noire in the Republic of Congo.
AGL said that the new 750-meter quay – scheduled for completion by 2027 – is set to double the terminal’s capacity to 2.3 million containers annually and support the country’s growing oil and LNG exports.
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The Pointe Noire project is being executed by AGL’s subsidiary Congo Terminal in collaboration with engineering firm China Road and Bridge Corporation.
Backed by both international and Congolese banks, the €400 million platform will include:
Also, the project forms a key part of Congo’s strategy to boost hydrocarbon production to 500,000 barrels of oil per day and LNG output to 3 million tons per annum within five years.
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Africa Global Logistics (AGL) has secured €230 million in financing to expand the container terminal at the Port of Pointe Noire in the Republic of Congo. AGL said that the new 750-meter quay – scheduled for completion by 2027 – is set to double the terminal’s capacity to 2.3 million containers annu
