The Gateway to Liberia is Back in Business
»» For 14 years, until 2003, Liberia was gripped by a shockingly violent civil war. Infrastructure collapsed, thousands died and the country all but came to a standstill. Monrovia Port, the gateway to the Liberian economy and once the pride of the region, was destroyed.
Then, in 2010, a 25-year concession between APM, a division of Maersk, and Liberia’s National Port Authority was struck and APM Terminals took over operating and developing the port’s terminal. $120 million has since been invested in terminal infrastructure, with more to come, and trade through the port has increased by 30% in just 2 years due to the concession.