DIT, a subsidiary of Bolloré, "takes note" of the designation of TIL as operator of the container terminal of the port of Douala



(Invest in Cameroon) - «Douala International Terminal (DIT) takes note of the announcement of the Director General of the Autonomous Port of Douala (PAD) regarding the provisional tender of the container terminal concession at TIL [Terminal Investment Ltd]". This is the first reaction of the Cameroonian subsidiary of the Bolloré group recently removed from the concession of the container terminal of the port of Douala-Bonabéri.

In a statement released on September 17, DIT adds, "APMT and Bolloré, whose consortium was improperly excluded from the preselection process, lodged appeals before the Douala Administrative Court. This judicial institution ordered the 16 August 2019 the stay of execution of the decision of the general manager of the Autonomous Port of Douala excluding the reference shareholders of DIT, thus suspending the ongoing tendering process. Despite this order, which has been duly notified to him, the Director General of the Autonomous Port of Douala has decided to continue the tendering process.. "

In the end, says DIT, the consortium APMT-Bolloré waits with "serenity" the final decision of the Administrative Court of Douala on the regularity of the tender procedure which resulted in the award of the Swiss TIL. DIT and its shareholders say that they will continue to defend their rights vis-à-vis all parties involved before national jurisdictional and arbitration tribunals.

Despite the legal action taken by Bolloré to contest its eviction from the Douala container terminal, the general management pursued the tendering process by appointing the 16 September 2019, Terminal Investment Ltd (TIL) as a new operator. For the PAD, the decision of the administrative court does not suspend the process.

According to the port authority, the total of all concession fees proposed by TIL, on the 15 years of contract to be signed, is 357 billion FCFA, against 62 billion FCFA for the DIT concession, which ends on 31 December of this year 2019.

Sylvain Andzongo

Caption: Frederik Klinke, Director General of DIT

READ MORE HERE