• July 23, 2021

#Ports: AMES Set To Invest N7b On Benin Inland Port Project

(AGENDAWATCHDOG) – A Firm Atlantic Marine and Engineering Services Limited (AMES) has announced plans to invest N7 billion in the construction of an inland dry port in Benin City, Edo State.

The planned facility is aimed at serving the South-south, Southeast and parts of the North central region of the country and is being designed to hold 20,000 containers- 12, 000 in its phase one and 8,

000 in its phase two; including  providing offices for Customs, quarantine and other agencies.

When the facility is completed, future shippers and industrialists would have no business going to Lagos as their goods would be transported by their agents through the port.

About 80 percent of the construction had been achieved in the five years’ concession agreement between

the company an Farmers Oasis Resources Limited and Free On Board International Logistics. AMES, consequent to this agreement, would be processing and packaging for export a minimum of 100 tonnes daily.

The Benin Inland dry port project is on a Build Operate and Own basis and is expected to be ready in 2022.

POTENTIAL IMPACT: The facility will create more than 5,000 direct job opportunities and make it easier for shippers and businessmen to transport their goods without having to go to Lagos.

Atlantique Marine Limited

Agenda Watchdog

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