{"id":475955,"date":"2022-07-06T11:06:09","date_gmt":"2022-07-06T11:06:09","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=475955"},"modified":"2022-07-06T11:06:13","modified_gmt":"2022-07-06T11:06:13","slug":"moroni-terminal-embarks-on-a-5-billion-comorian-franc-investments-programme","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2022\/07\/06\/moroni-terminal-embarks-on-a-5-billion-comorian-franc-investments-programme\/","title":{"rendered":"Moroni Terminal embarks on a 5 billion comorian franc investments programme"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>\n<p>On Thursday 30 June 2022, the Union of the Comoros and Moroni Terminal signed the amendment to\u00a0 the concession agreement for the Port of Moroni container terminal.\u00a0\u00a0<\/p>\n\n\n\n<p>The amendment was signed by Bianrifi Tarmidi, Minister of Maritime and Air Transport, Mz\u00e9 Abdou\u00a0 Mohamed Chanfiou, Minister of Finance, Budget and Banking, and Ahmed Ali Bazi, Minister of\u00a0 Economy, Industry, Investments, and Economic Integration, of the one part, and by Olivier De Noray,\u00a0 Managing Director of Bollor\u00e9 Ports and Terminals, of the other part.\u00a0<\/p>\n\n\n\n<p>The amendment to the agreement provides for the implementation of a 5 billion Comorian franc (CF)&nbsp; investment plan (\u20ac10 million). In particular, it will enable the modernisation of the infrastructure and&nbsp; equipment at Moroni Terminal to be continued, and surveys to be launched with a view to extending the&nbsp; large quay at the Port of Moroni.&nbsp;&nbsp;<\/p>\n\n\n\n<p>&#8220;<em>We are pleased that the amendment to the Moroni Terminal concession agreement has been signed&nbsp; today<\/em>. <em>This is the beginning of a new phase, with new projects that we will implement. <\/em>We will continue&nbsp; our investments to <em>modernise Moroni Terminal with a two-fold objective: to improve the terminal<\/em>\u2019s&nbsp; productivity and to reinforce the positive impact of its activities on the Comorian economy,\u201d said Didier&nbsp; Vandenbon, Managing Director of Moroni Terminal.&nbsp;<\/p>\n\n\n\n<p><em>\u201cThe Union of the Comoros has embarked on a major programme to promote the country&#8217;s development&nbsp; by 2030. Our investment is in keeping with these objectives and will support the structural transformation&nbsp; of the Comoros economy by positioning Moroni Terminal as a strategic infrastructure for developing&nbsp; international trade and supporting its subsequent development.\u201d <\/em>said Olivier de Noray, Ports and&nbsp; Terminals Managing Director of Bollor\u00e9 Ports.&nbsp;<\/p>\n\n\n\n<p>The signing of this amendment is in line with the &#8220;Comoros Emerging Plan&#8221; (Plan Comores \u00c9mergent,&nbsp; PCE) which formalises the 2030 development vision of President Azali Assoumani. This plan is based&nbsp; on five strategic bases and aims to achieve a structural transformation of the Comorian economy and&nbsp; to finance the expansion of sectors likely to accelerate growth in the Comoros, including transport&nbsp; infrastructure.&nbsp;<\/p>\n\n\n\n<p>About Moroni Terminal&nbsp;<\/p>\n\n\n\n<p>Moroni Terminal, a key player in the Comorian supply chain, has provided terminal handling services at&nbsp; the Port of Moroni since May 2012. The company has already invested more than CF 5 billion (\u20ac10&nbsp; million) to improve its operational capabilities. Between 2012 and 2021, the volume of containers&nbsp; handled increased by more than 20% thanks to these investments. Moroni Terminal currently employs&nbsp; about 200 people and generates more than 800 indirect jobs through its operations. Moroni Terminal is&nbsp; also determined to pursue its commitments in terms of CSR &amp; philanthropy in the Union of the Comoros.&nbsp;<\/p>\n\n\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>On Thursday 30 June 2022, the Union of the Comoros and Moroni Terminal signed the amendment to\u00a0 the concession agreement for the Port of Moroni container terminal.\u00a0\u00a0 The amendment was signed by Bianrifi Tarmidi, Minister of Maritime and Air Transport, Mz\u00e9 Abdou\u00a0 Mohamed Chanfiou, Minister of Finance, Budget and Banking, and Ahmed Ali Bazi, Minister<\/p>\n","protected":false},"author":527180,"featured_media":475956,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046,12065],"tags":[20853],"class_list":{"0":"post-475955","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"category-press-releases","9":"tag-moroni-terminal","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Moroni Terminal embarks on a 5 billion comorian franc investments programme - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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