Expanding The Gateway Into Africa
The government of Madagascar made a prescient decision in 2004, with the World Bank Group as advisor, to launch an international tender for a 20-year public-private partnership (PPP) contract for an expert port operator to manage and modernise Toamasina’s container terminal and ensure the port could handle the country’s future trade volumes.
ICTSI, the Philippine-based port operator with its extensive global experience, came out on top in the tender process and was awarded the contract in 2005.
