Plans for the new facility (TC2), will need an investment of 300 billion Central African Francs (USD $590 million) over the 21-year concession term.

Hoist is told that. with a depth of 16 meters, the TC2 Public-Private Partnership will be able to accommodate vessels of up to 8,000 TEU capacity, greatly expanding the role of the port as a regional hub for West Africa.

New construction will include 35 hectares (86 acres) of yard along 1,100 meters of quay, equipped with Ship-to-Shore gantry cranes and electric Rubber-Tire Gantry Cranes (eRTGs), an environmentally-friendly innovation representing a first for port operations in the Ivory Coast, and Africa.

"This new terminal project will lift the infrastructure of Abidjan, for the benefit of the country and its population. We look forward to work towards developing the project together with the Port Authority" said Peder Sondergaard, CEO of Africa and Middle East Region for APM Terminals.

Abidjan is one of the busiest container ports in West Africa, and a key regional transshipment hub with throughput of 600,000 TEUs in 2012.