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Lome Container Terminal
Sectors
Issues Raised
Project Information
Investment ID: 43550
Bank: Netherlands Development Finance Company
Environmental Category: A
Country: Togo
Region: Sub-Saharan Africa
Approval Date: Nov. 8, 2015
Investment Types: Loans
Total Project Cost: EUR 35.0 million
Total Complaints: 1
Description
Lomé Container Terminal, a newly constructed port in Lomé, Togo. FMO financed EUR 25 mln (2011), this is a new round in 2015 of EUR 10 mln. A consortium of DFIs, including FMO, financed the construction of the port and this phase of the project will be completed in 2015. FMO and two other DFIs have now provided a follow up loan package to finance additional cranes to enable the port to handle a larger volume of containers. Being a logistical hub, the port has an important economic role for Togo and the countries surrounding it. It stimulates regional transport while, being a state of the art port in West-Africa, it also functions as a role model for other port operators in the region.
Investments
Investment Type | ID | Amount | Status | Bank | Client |
---|---|---|---|---|---|
Loans | 43550 | EUR 10.0 million | Planned | FMO | Lomé Container Terminal S.A. |
Related Complaints
German Investment Corporation, Netherlands Development Finance Company ICM Complaints | IAM | Country | Date Filed | Status |
---|---|---|---|---|
Lome Container Terminal | DEG/FMO/PR ICM | Togo | 22/08/2018 | Monitoring |
Implementers
Name | Complaints | Dispute Resolutions | DR Successful | Compliance Reviews | Non-Compliance |
---|---|---|---|---|---|
Lomé Container Terminal S.A. |