International Container Terminal Services (ICTSI) has reached an agreement with Société de Gestion du Port Autonome de Toamasina (SPAT) to extend its concession for the Madagascar International Container Terminal by 15 years.
With this extension, the concession will continue from 2025 to 2040.
Since 2005, the concession for the terminal has been held by Madagascar International Container Terminal Services Limited (MICTSL), a wholly-owned unit of ICTSI.
Port of Toamasina operates as the key...
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