National Daily

APM Terminals to invest in port development

ENCOURAGED by the success recorded by APM Terminals after two years of its operation in Nigeria, the Chief Executive Officer of the organisation, Mr Kim Fejfer expressed determination of the company to work with the Federal Government in the planning and development of new port projects in the country.

The CEO made this known during the official opening ceremony of APM Terminals held recently in Lagos.

According to him modern port and transportation infrastructure are keys to economic development and the rapid economic growth of he Nigerian economy over the past few year has been very impressive.

He explained further that the terminals volume of nearly half a million TEU's last year and its expected growth rate of 20 percent for this year are good indications of the exciting features in Nigeria.
Fejfer stated that the terminal will be able to accommodate growing volumes even as the years ahead holds new port development for the country.

Managing Director of thee company, Mr. Michael Lund Hansen in his own remarks at the occasion said the organisation is making a difference for Nigerians as it is enhancing the country's economic growth.

In his words “employees have a better life, just as importers have access to better services”.
While commending the management of APM Terminals for its investment Managing Director Nigerain Ports Authority, Mallam Abdulsallam Mohammed decried the ineptitude of some terminal operators towards investing in the development of their terminals.

He however pointed out that the Authority is putting measures in place to reverse the trend.