Lekki Port and CMA CGM group to facilitate trade volume growth, increase GDP | TheCable

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PROMOTED: Lekki Port and CMA CGM group to facilitate trade volume growth, increase GDP | TheCable

for Nigeria and increase the Gross Domestic Product as part of the macro-economic benefits of the Port to the economy.

The CEO of Lekki Freeport Terminal, operated by CMA Terminals, a subsidiary of the CMA CGM Group, Mr. Denrick Moos, highlighted that in addition to its state-of-the-art infrastructures, Lekki Port will becomeThe Port is Nigeria’s first deep sea port and is equipped with 13 quay cranes for a capacity of 2.5 million TEUs on a 1.2 kilometre quay with a depth of 16 meters, it will operate vessels with a capacity of up to 15,000 TEUs and become one of the largest in West Africa.

Speaking at the event, the Executive Governor of Lagos State, Mr. Babajide Sanwo-Olu, noted that the project is a big testament to the commitment of the Lagos State Government to support the provision of necessary infrastructure that would improve the economic fortunes of Lagosians by providing thousands of jobs for the people and impacting their lives positively.

Phase 1 of the multipurpose Port covers an area of 50 hectares, with two container berths and a total capacity of 1.2 million TEUs annually. Upon completion of the final phase, the Port will have 3 container berths, 1 dry bulk berth, and 3 liquid berths. Firmly committed to the energy transition in shipping and a pioneer in its use of alternative fuels, the CMA CGM Group has set a Net Zero-Carbon target for 2050.

 

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