Global Terminals Operator APM to build Mega Sea Port in Badagry

One of the biggest container terminal operators in the world, APM Terminals, and some organizations, together in a consortium is set to commence the establishment of a mega sea port in Badagry, Lagos. APM Terminals, Orlean Invest, the Macquarie Group, Oando PLC, the Chagoury Group and Terminal Investment Limited have come together, to put up 55 kilometres (34 miles) port, in Badagry, as an alternative to Apapa Terminal, and follow the development of Badagry Free Trade Zone. The Regional Chief Executive Officer of APM Terminals Africa-Middle East, Peder Sondergaard, said on the project that, “We are actively working with state and federal governments on the permission process.”  It will be a full water service port, having 7km quay and 2,470 acres of dedicated yard, and will include state-of the art facilities for container, bulk, liquid bulk, Ro/Ro and general cargo as well as oil and gas operations support and a barge terminal.