The Bureau of Public Enterprises (BPE) has expressed satisfaction with the level of compliance with the post-acquisition plan by APM Terminals and other terminal operators at the Lagos Port Complex, Apapa.
APM Terminals Apapa, which took over the concession at the Lagos' Apapa Container Terminal in 2006, has invested a total of $350 million to date to develop infrastructure, acquire sophisticated cargo handling equipment, modernisation of the terminal, IT hardware and software systems, and additional capacity.
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