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LIBERIA’S APM DILEMMA: ‘Worst Concession Ever’ More of a Curse Than Blessing
LIBERIA’S APM DILEMMA: ‘Worst Concession Ever’ More of a Curse Than Blessing
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FROM BAD LABOR practices to allegations of overcharging Liberian businesses, APM Terminal has been in the news of late, for all the wrong reasons.
IN OCTOBER 2010, APM signed a 25‐year concession agreement for the operation of the Port of Monrovia in Liberia after it was named the preferred bidder for the port management and modernization project.
THE AGREEMENT for the port’s privatization resulted in the investment of $120 million USD in the facility over the course of the contract term.
Montserrado-countyMontserradoLiberiaMonroviaNimba-countyNimbaFree-port-of-monroviaGhanaRepublic-of-ghanaLiberianLiberiansAlex-tyler