+(234) 812 344 5787
info@superfm963.com
Super 96.3 FM
President Tinubu to inaugurate $115m WACT Terminal upgrade Project


President Bola Ahmed Tinubu will in the next 48 hours, officially commission the upgraded West Africa Container Terminal (WACT) in Onne, Rivers State.


WACT, operated by APM Terminals in Onne, Rivers State, is Nigeria’s largest and most efficient container terminal outside Lagos. An unprecedented USD115 million (approximately N178.2 billion) upgrade project commenced at WACT in 2021.


The Managing Director of WACT, Jeethu Jose, stated that the completion of the upgrade marks a significant milestone in the history of Nigerian ports.


WACT is Nigeria’s first greenfield container terminal to develop under a Public-Private Partnership (PPP) model. Strategically situated within the Oil and Gas Free Zone, Onne, Rivers State, the terminal has evolved into the premier gateway for accessing markets beyond the Lagos region and a vital conduit to Eastern Nigeria’s burgeoning economy. On August 15, 2020, WACT made history when it received the largest container vessel ever to berth at any Nigerian port. The vessel, Maersk Stadelhorn, measures 300 metres in length overall and 48.2 metres in beam, with a capacity to carry approximately 10,000 Twenty-Foot Equivalent Units (TEU) of containers.

share this post
Comments
Leave a comment
send

On air