Kribi Containers Terminal (KCT) Advances Phase II Expansion with New Equipmentect:

On October 14, 2024, Kribi Containers Terminal (KCT), the operator of the Container Terminal at Kribi Port, received its second shipment of handling equipment to support the Phase II expansion. This new delivery includes 13 rubber-tired gantry cranes (RTGs), 2 container stackers, and 3 empty container handlers, adding to the 5 ship-to-shore (STS) cranes and 2 RTGs delivered on September 12. This acquisition is part of an overall investment of $80 million (around 49 billion CFA francs).

The expanding terminal, covering 33 hectares with a draft of 16 meters and a 715-meter quay, will soon host a fleet comprising 7 STS cranes, 25 RTGs, 5 stackers, 48 terminal tractors, 58 trailers, 5 empty container handlers, 7 weighbridges, a maintenance truck, 6 forklifts, a workshop, and an administrative building currently under construction. The total investment for Phase II, encompassing equipment, structures, and infrastructure, reaches $114 million (about 70 billion CFA francs).

This ambitious expansion is part of a strategic partnership between KCT and the Cameroonian government aimed at strengthening the economies of the Gulf of Guinea and positioning Kribi as a regional maritime hub. The enhanced terminal capacity will not only improve service for customers and maritime operators but also create over 300 direct jobs, further establishing Kribi’s industrial-port platform and boosting economic activity throughout the subregion.

Simultaneously, Kribi’s industrial-port zone continues to attract significant investments. Société Internationale du Ciment (SIC), a subsidiary of Atlantic Group led by Ivorian businessman Koné Dossongui, recently signed an agreement with Cameroon’s Investment Promotion Agency (API). This partnership grants SIC the incentives provided under the 2013 Investment Law, including tax and customs exemptions lasting between 5 and 10 years, in support of constructing a cement plant with a capacity of one million tons annually.

The project involves the construction of the cement plant on a 10-hectare site provided by the Kribi Port Authority. The plant is expected to cost 39 billion CFA francs and is projected to create around 1,600 direct and indirect jobs.

In summary, the expansion of KCT and the construction of the Atlantic Group’s cement plant underscore Kribi's growing importance as a key economic hub, reinforcing the industrial-port zone’s role in advancing development within Cameroon and the broader region.

For all shipments to Cameroon, an Electronic Cargo Tracking Note (ECTN) is required to ensure regulatory compliance, enhance cargo security, and expedite customs clearance. R&C Desk offers a fast, reliable platform to obtain your ECTN without delays.