Finance

APM terminals Apapa unveils new office amid $438m investment in port devt

APM Terminal Apapa, firm collaborate to recycle used tyres

APM Terminals, Apapa yes[1]terday, commissioned a new digitalised administrative building as part of its $438 million investment in port development in Nigeria.

The commissioning of the new smart building, which took place at the terminal in Lagos Port Complex (LPC), Apapa, was in line with APM Terminals’ commitment of introducing new innovations to help both shipping lines and landside customers achieve improved supply chain efficiency and flexibility in a cost effective manner.

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Speaking at the event, the global chief operating officer (COO), APM Terminals, Keith Svendsen, who was in Nigeria for the commissioning, said the new building will set new standard for port operation in Nigeria. He said: “what is more important is to make sure that we are ready for the future. A port is one of the infrastructures that take years to plan and build.

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This is why we are working to make it better and get ready for the future.” The APM Terminals COO, said the technology embedded in the new building will improve container handling operations and processing in the terminal particularly in enabling electronic invoicing, electronic receipt and on[1]line payment processes that allow customers fast-track their documentation.

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Also speaking, the country managing director, APM Terminals Nigeria, Klaus Laursen, said APM Terminals Apapa has invested a total of $438 million on enabling developing infrastructure, acquiring equipment and improving processes at the terminal.

“In APM Terminals, we have led with a strong ambition to become a world-class terminal operator. We enable access to jobs, products, foods, and medicine that al[1]low people to create and live better.

Punch

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