Tinubu Woos Big Investment as APM Unveils $600m Port Expansion Plan
Nigeria, May 15 -- President Bola Ahmed Tinubu's economic and investment drive received a fresh boost on Thursday as global port operator APM Terminals pledged a $600 million investment in Nigeria's maritime sector.
In a statement made available to The News Chronicle, the commitment was disclosed by Igor van den Essen, Regional President, APM Terminals Africa-Europe, during a meeting with President Tinubu on the sidelines of the Africa CEO Forum in Kigali, Rwanda.
He was accompanied by senior executives including Martijn Van Dongen, Head of Investments, and Frederik Klinke, CEO of APM Terminals Nigeria.
Van den Essen said the planned investment would target the modernisation of Apapa Port, expansion of logistics infrastructure, and br...
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