APM Terminals has completed rehabilitation and construction works of a new Marginal Quay at the Freeport of Monrovia nine months ahead of schedule.
Speaking at the dedicatory ceremony yesterday, Mr. Soren Jakobsen, APM Terminals Head of Project Implementation and Business Development for Africa and the Middle East said, “APM Terminals was awarded the concession by the government and port authority to operate the port in2010”.
He said the reason for bringing in a specialist port operator was the condition of the marginal wharf that was in danger of collapse noting that this would have been a disaster for the trade moving in and out of the port.
Mr. Jakobsen said his group was given a very tight deadline of just three years to rebuild the marginal wharf from the time his company took over the operation.
The APM Terminal official said from the onset, the President kept a close monitoring of the progress of the construction works with monthly reports to her office, saying that she has shown strong support.
He said APM terminal will not continue to invest in the Freeport of Monrovia because the company has already approved of further investments beyond the commitment to the government.
Mr. Jakobsen said these investments include additional paving of the concession areas, drainages, new offices, cargo gates and cargo and access control technology to further enhance the capacity and service being provided to shipping lines, importers and exporters.
The APM Terminal official said APM terminals would like to continue to invest in Liberia and use its expertise in further enhancing the logistical chain and help further facilitate trade.
For her part President Ellen Johnson Sirleaf lauded the APM terminals for their hard work in reconstructing the marginal Quay at the Freeport of Monrovia and said if people want development they must think positively and talk peacefully. She also expressed delight that the APM Terminal is now ready to expand its reconstruction of the port.