October 3, 2016
Willkie’s client announced the award of concession for towage and mooring services in the Republic of Togo’s port of Lomé.
On September 27, Port Autonome de Lomé, the state-owned company in charge of the development and management of the Lomé seaport complex in the Republic of Togo, announced the award of concession for towage and mooring services within the port of Lomé to Boluda Lomé, a Togolese subsidiary of Boluda France. Willkie advised Port Autonome de Lomé and the Ministry of Infrastructure and Transport of the Republic of Togo on the award of concession.
The 20-year concession agreement relates to the design, construction, financing, operation and maintenance of the superstructure and equipment necessary for the realization of towage and mooring services. The concessionaire will take over all staff within Port Autonome de Lomé in charge of rendering the services awarded under the concession, and has undertaken to modernize the existing fleet of tugboats.
Located in the Gulf of Guinea, the port of Lomé is the most significant port in Togo and the economic heart of the country. The natural 14-meter deepwater port is the only deepwater seaport of the West African coast able to host third-generation container carrier vessels and is, as such, emerging as an important regional transshipment center. The award of the new concession will strengthen its leadership in the region.
The matter was handled by partner Amir Jahanguiri and associates Roy Charles Bates, Cédric Dionmou and Idama Al Saad.
