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What is Toamasina Port Concession Success Story about?

The concession of the Port of Toamasina in Madagascar, structured with support from IFC, has significantly increased its handling capacity from 60 to 2,500 tons per day, transforming it into a regional hub for port traffic. The Philippines’ International Container Terminal Services won a 20-year concession, leading to improvements in container movement, customs clearance times, and overall port efficiency since its implementation in 2005. The project has attracted investments, reduced transport costs, and g

Author

jujumimi935

Language

EN