The Sierra Leone Ports and Harbours Authority (SLPHA), in collaboration with key government agencies, has ended a review process leading to an agreement with NSBT.
The program concluded 29th January, 2025 after a draft review of the existing bulk and break bulk concession agreement with Nectar Break Bulk Sierra Leone Limited (NSBT).
The review was triggered by the expansion and construction of a new berth, necessitating adjustments to the current agreement.
This process was carried out with the involvement of the Law Officers’ Department, the Ministry of Finance, the Ministry of Transport and Aviation, the Office of the Chief Minister, and the National Commission for Privatization.
The revised agreement aims to enhance port efficiency and support infrastructure development.
The agreement is now subject to cabinet approvals and parliamentary ratification.
@SLPHA MEDIA-29/01/25