Yilport Holding, one of the world’s most rapidly expanding port operators, is making its first African investment.
The company agreed on Wednesday to set up a joint venture with Ibis Tek, the operator of Takoradi Port, to jointly operate the Ghanaian terminal and then heavily invest in it.
“This strategic investment is a milestone for Yilport, as the company is entering the African port industry,” the Turkish company said in a press release.
