AFRICA

MADAGASCAR GOES FOR PPP

22 years ago

Madagascar has hired the International Finance Corporation (IFC) to advise on the structuring and implementation of a PPP for the container terminal of the countrys largest port, Toamasina.The port handles 1.5m tons a year including around 92,000 TEUs.

Significantly, $25.09m has been spent on upgrading IT provision, with 6,000 new computers acquired and nearly 80% of KPA’s 6,900 employees put through training courses.

Container traffic is growing at around 10% per annum.