SIFAX Group partners Liberian Govt. on seaport development
SIFAX Group of companies has assured the Liberian Government of its readiness to partner the country with a view to exploring investment opportunities in her maritime and logistics sector. The well diversified Group has investments in maritime, aviation, oil & gas, haulage & logistics, financial services and the hospitality industry,
Executive Director, Ports & Cargo Handling Services Limited; the flagship maritime subsidiary of the Group, Capt. Ibraheem Olugbade, made the pledge in Lagos Tuesday, while speaking during a facility tour of Ports & Cargo Handling Services Limited and SIFAX Inland Container Terminal on Ijora Causeway, Lagos, by the management of the National Ports Authority of Liberia led by Hon. Bill Twehway its Managing Director.
Capt. Olugbade, while welcoming the visitors, said the SIFAX Group was ready to share its wealth of experience in the management of port facilities. “In realisation of our Pan-African dream, we are seeking to expand our operations into various African countries.
“As a Group, we have a rich pedigree in port terminal management and logistics. Since the take-over of the Terminal C of the Tin Can Island Ports in 2006, we have invested heavily in the acquisition of equipment and skilled human capital. This has resulted in a great improvement in our service delivery.
“We also recently acquired over 10 acres of land on which SIFAX ICT is sited at Ijora. Our plan is to make sure vessels berth at the Ijora terminal. This speaks a great deal about our commitment to improving the country’s maritime industry”, he said.
Meanwhile, Managing Director of the National Port Authority of Liberia, Twehway, expressed satisfaction with the quality of equipment and facilities at the two terminals. He said: “We are happy with what we have seen here today. We want to grow our ports in Liberia and we have no doubt that SIFAX Group is capable, based on the equipment and facilities in the terminal as well as their record of performance.
“We will invite the SIFAX Group management to Liberia in order to have a first-hand assessment of our terminal so they can see areas where we can improve and where investments will be made”, the MD said.