APM Terminals bets on African dry ports

APM Terminals is going after the full benefit of growth in Africa, and the Maersk-owned company is therefore ready to invest in dry ports to ensure access to major cities on the continent.

Nearly one in three African countries is landlocked, with no direct port access. Approximately 200 million people are living in these countries, and in order to properly benefit from the growth potential in sub-Saharan Africa, which - according to the International Monetary Fund - is expected to enjoy an economic growth of 5.5 percent in 2012, it is important to facilitate better access to goods for the many people in the continent, says Reik Mueller, APM Terminals’ Director of Business Development and Infrastructure Investments for the Africa-Middle East Region.

"Dry ports and inland markets are the great untapped, overlooked business opportunity in Africa," he says.

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