Gabon Launches $300 Million Ports Harbor

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Gabon Port Harbour

Gabon has recently launched a $ 300 million ports harbour aimed to ease trade activities in the country.

The port which took 18 months to complete, was established as an additional investment to help grow the country’s economy which majorly rests on oil.

“The idea was to make an effective port for the sub-region in comparison to what is happening. It’s very efficient for Gabon and will soon revive the economy and also reduce prices for goods passing through the port,” said Philippe Gery, Head of Port Operations.

The port was constructed in partnership with Olam group from Singapore and will be partly managed by French logistics company, Bolloré.

According to the port operators, based on the large anchorage which is over 600 meters and can now accommodate more vessels, it will boost its container handling capacity to about 3 million tonnes annually.