We appreciate your partnership and look forward to even more positive engagements this year,” APM Terminals stated in its advisory. During the hearing, scores of lawmakers also recommended the revision of APM Terminals concession agreement signed with the Liberian government in a bid to reflect present day realities. “There was an agreement between the shareholders of APM Terminals and the GOL. He pointed out that APM Terminals believes that any revision of the concession agreement should be beneficiary to both the government and the company. “If for instance the government says APM Terminals is not allow to adjust tax for the next five years, then the government will have to propose certain terms that will ensure that APM Terminals will not be short-changed over the five years period.

Source: Front Page Africa January 24, 2021 21:55 UTC