MSC Group owned AGL wins international tender for container and multipurpose terminals at the Port of Lobito, Angola’s second-largest port.
The Angolan authorities have just announced that Africa Global Logistics (AGL), which is now part of the MSC Group, a shipping and logistics company, was the successful bidder for the Lobito container and conventional terminals, following an international call for tenders launched in January 2023.
With the support of the shipowner MSC, AGL’s industrial project aims to improve the connectivity of the Lobito port platform, while it is expected to boost trade in the region and support industrialisation efforts.
The Port of Lobito will be involved in the development of agricultural projects, construction sites and tertiary service companies.
Through a €100 million investment plan, AGL is committed to increasing the attractiveness of the terminal and contributing to the economic and social development of the region.
Thanks to its maritime, port and logistics solutions, AGL will enable the Lobito port platform to play its role as a growth accelerator for Angola and the sub-region.
As part of this new concession, which will be effective in the 1st quarter of 2024, AGL will take over the staff of the Empresa Portuária do Lobito EP port authority.
Finally, the company will implement an extensive plan to develop the skills of the staff as well as the ecosystem of local subcontractors, to enable the Port of Lobito to offer services compliant with international standards.
The port of Lobito allows Angola to accommodate large capacity vessels. AGL will manage the container and multipurpose terminals with 1200 m of quay, a storage area with a capacity of 12,000 twenty-foot equivalent units (TEUs) and handling equipment.
