MORONI TERMINAL EMBARKS ON A 5 BILLION COMORIAN FRANC INVESTMENTS PROGRAMME

On Thursday 30 June 2022, the Union of the Comoros and Moroni Terminal signed the amendment to the concession agreement for the Port of Moroni container terminal.

The amendment was signed by Bianrifi Tarmidi, Minister of Maritime and Air Transport, Mzé Abdou Mohamed Chanfiou, Minister of Finance, Budget and Banking, and Ahmed Ali Bazi, Minister of Economy, Industry, Investments, and Economic Integration, of the one part, and by Olivier De Noray, Managing Director of Bolloré Ports and Terminals, of the other part.

The amendment to the agreement provides for the implementation of a 5 billion Comorian franc (CF) investment plan (€10 million). In particular, it will enable the modernisation of the infrastructure and equipment at Moroni Terminal to be continued, and surveys to be launched with a view to extending the large quay at the Port of Moroni….read more