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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe management of the Autonomous Port of Cotonou (PAC) in Benin posted on its Facebook page that the Chinese company, China Harbor Engineering Co., Ltd. (CHEC), has just been appointed following a call for tenders, to carry out the construction of PAC Terminal 5
.The port authority in charge of operating and managing the platform signed, last Thursday, with the company CHEC, the contract to build PAC Terminal 5. This infrastructure includes the creation of 22 hectares of new land in the sea east of the current crossing, the creation of two berths of a total of 550 meters and the widening of the southern embankment by 359 meters in order to protect the port infrastructure from the sea. The only port in Benin, the Autonomous Port of Cotonou is the lifeblood of Benin's economy with more than 90% of foreign trade, more than 60% of GDP and contributes up to 80% to the mobilization of customs revenues and more than 45% of the country's tax revenue. The management delegation contract, signed on 8 January 2018, focuses on three strategic axes: the modernization of installations and equipment, repositioning and the transfer of skills for the benefit of local staff
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