Bloomberg News

Bollore Says It Made the Best Offer in Ivory Coast Port Tender

June 07, 2013

Bollore SA (BOL) said it made the “best offer” in a “transparent and rigorous” tendering process to emerge winner to run a second container terminal at Ivory Coast’s port of Abidjan.

Bollore, along with partners Bouygues SA (EN) and A.P. Moeller-Maersk A/S’s APM Terminals, presented “the most ambitious development project” for the port at the lowest cost, the company said today in an e-mailed statement.

The West African Economic and Monetary Union’s competition department accepted a complaint against the bid and will decide whether to investigate, Director Amadou Dieng, said yesterday.

Bollore, which is based in the French city of Puteaux, beat bids from groups led by Geneva-based Mediterranean Shipping Co. and Marseille-based CMA CGM SSA. The complaint was submitted to the body by Movis Cote D’Ivoire and NCT Necotrans, part of the CMA CGM group.

Ivory Coast’s Public Procurement Regulatory Authority last month dismissed an appeal by the CMA CGM group to annul the tender, saying its request was unfounded.

According to CMA CGM’s group, the inclusion of Bollore broke competition rules as the company runs the port’s first container terminal. Bollore made an offer based on supposed joint management of the two terminals, the agency said.

Bollore in March announced it won the contract to build the port and a 21-year concession to operate it. Construction of the terminal will be made in public-private partnership by 2016 and it’s expected to cost 450 million euros ($595 million).

To contact the reporters on this story: Olivier Monnier in Abidjan at omonnier@bloomberg.net; Baudelaire Mieu in Abidjan at bmieu@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


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