Liberia: Construction of new warehouse in Monrovia underway
Construction of the country’s first solar-powered and open-access warehouse expected to be completed in 331 days.
Liberia’s inland storage facility or LISF, a flagship infrastructure project CPCS developed on behalf of InfraCo Africa, is being built by Liberian contractor BMC Group. The LISF is expected to be operational in 2022.
InfraCo Africa CEO Gilles Vaes says “the LISF will provide businesses of all sizes access to much-needed storage and sophisticated warehouse management systems, enabling them to drive efficiencies and grow their businesses. By facilitating trade, the LISF will promote wider economic development as Liberia seeks to recover from the impact of the COVID-19 pandemic.”
“The facility will be an important lever for these businesses in terms of growth and relying on a more robust supply chain,” adds Amit Modi, Managing Director of CPCS’s Infrastructure Development advisory unit.
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), and Global Logistics Services Inc (GLS), have signed an engineering, procurement and construction contract with BMC Group to build an inland storage facility in Monrovia, Liberia.
You may also like:
- Construction to commence on the Liberia Inland Storage Facility
- Liberia one step closer to see economic boost with its first “open-access” warehouse
CPCS is a global management consulting firm specializing in infrastructure. CPCS solves challenges specific to transport, power and public-private partnerships. The firm is headquartered in Ottawa, Canada, with offices across Africa and the U.S.
About CPCS’s Infrastructure Development Unit
The Infrastructure Development team is uniquely placed to support early-stage infrastructure projects across Sub-Saharan, with specific focus in the transportation, power and water sectors. The development advisory team has supported nearly $2bn worth of early-stage projects to date.
About InfraCo Africa
InfraCo Africa is part of the Private Infrastructure Development Group (PIDG). InfraCo Africa seeks to alleviate poverty by mobilizing private investment into high-quality infrastructure projects in Sub-Saharan Africa’s poorest countries. It addresses the risks and costs of early-stage project development: funding teams of experienced developers and providing risk capital to those projects which need the financial commitment and leverage that InfraCo Africa can bring. InfraCo Africa is funded by the governments of the United Kingdom (through FCDO), the Netherlands (through DGIS) and Switzerland (through SECO).
About GLS Group
GLS was borne out of the need to build an integrated logistics solution for organizations and projects operating in the region. The company’s strategy is focused on developing, owning and operating key assets for supply chain optimization in the markets it operates. GLS Group is emerging as a leading logistics player across the West African region with services in global freight forwarding, trucking, storage and warehousing, shipping and aviation.
About BMC Group
BMC Group is Liberia’s leading contracting and consulting company. It is engaged in diverse business activities such as engineering consultancy, contracting and the supplying of building materials. BMC Group has extensive construction and management experience and provides its clients with experienced architects, knowledgeable engineers and professional, reliable craftsmen.