Danish firm boosts Nigerian ports with $1.2bn investment
The Ambassador of Denmark to Nigeria, Jens Hansen, has announced that Danish company APM Terminals has invested about $1.2bn in Nigerian ports, with plans for further expansion. During a meeting with the Minister of Marine and Blue Economy, Adegboyega Oyetola, both sides discussed deepening collaboration in maritime affairs. Oyetola highlighted Nigeria’s commitment to supporting foreign investors and modernising the port sector. The partnership aims to strengthen Nigeria’s position as a key maritime hub in Africa.
TLDR
- Jens Hansen stated that APM Terminals has invested approximately $1.2bn in Nigerian ports and plans to expand further.
- The Danish ambassador congratulated Nigeria on its election into Category C of the International Maritime Organisation Council.
- Denmark expressed willingness to share expertise in wind energy and green maritime technologies with Nigeria.
- Adegboyega Oyetola assured Danish investors of a favourable investment climate and ongoing reforms in the marine and blue economy sector.
- Both countries agreed to continue working together to identify new opportunities for partnership and investment in Nigeria’s maritime industry.
