The President, Bola Tinubu, will officially inaugurate the upgraded West Africa Container Terminal in Onne, Rivers State, next week Wednesday, the terminal operator disclosed in a statement on Sunday.
According to the statement, the unprecedented upgrade project valued at $115m, approximately N178.2bn, commenced at WACT in 2021.
It added that the terminal operated by APM Terminals in Onne, Rivers State, is Nigeria’s largest and most efficient container terminal outside Lagos.
The Managing Director of WACT, Jeethu Jose, remarked that the completion of the upgrade marks a significant milestone in the history of Nigerian ports.
“We are pleased to announce the successful completion of the upgrade of our terminal at Onne Port. This will be a game-changer for Nigeria, and we are thoroughly excited about it.
“The fresh investment of $115m is a further testament to the trust and confidence that APMT has in the Nigerian economy and contributes to our purpose of improving lives for all while lifting global trade,” Jose stated.
WACT is Nigeria’s first greenfield container terminal to develop under a public-private partnership model.