SINGAPORE terminal operator Portek International has announced that its wholly-owned subsidiary, Gabon Ports Management (GPM), has taken control of the ports of d'Owendo and Gentil in Gabon, West Africa.
GPM expects to invest EUR3 million to EUR4 million (US$5.8 million) on infrastructure, personnel equipment, maintenance, renewal and refurbishment, IT, security and surveillance systems, and funded from its own cash flow.
"The challenge is to ensure services undergo a smooth transition [while] at the same time introduce new equipment and systems. The second priority will be to provide productivity improvements," said Portek chairman Larry Lam.
Together with Bejaia Mediterranean Terminal in Algeria and the Port of Valletta in Malta, Port d'Owendo and Port Gentil are now the latest in Portek's portfolio in Africa, the Mediterranean and the South Pacific, totalling seven terminal operations.
In 2007 harbour operations contributed 35 per cent share of Portek's revenue. The company is a turnkey provider of equipment, services and solutions for the global port industry, as well as an operator of container and bulk terminals. It has 23 offices in Europe, the US, Asia, Middle East and Africa.
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