APM Invests N9.7bn On Terminal Expansion

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The APM Terminals  Apapa Limited will invest an additional N9.7 billion to increase its terminal’s capacity.

The Managing Director of the company, Mr. Dallas Hampton, who disclosed this to newsmen in Lagos said the terminal would then have a capacity of 40 per cent, spread over 18 months.

Mr. Hampton further stated that the company had invested N28.5 billion on the expansion and improvement of its facilities in the last five years.

According to him, the management of the terminal was worried by the constraints the policy of 100 per cent cargo examination  had  brought to Port  operations, adding that the major problem associated with delays in the clearing process of goods is the high rate of physical examination.

“The current policy of 100 per cent examination of containers is incompatible with the drive to increase capacity and efficiency at the Ports”, he said.

The Managing Director further said that up to 200 containers were being scanned daily in the terminal, stressing that the terminals in collaboration introduced the new measure with other port users.

Mr Hampton hinted that the scanning process has improved tremendously, adding that  “it was due to several constraints, not all of which were under APMT’s control”.

He said that the average waiting time for scanning at the terminal had been reduced to about two days from the previous  four to five days.