Gento’s Banana Island Seaport Project Approved

Sierra Leone’s cabinet last Wednesday approved the Banana Island Seaport and Kent Logistics Hub project presently under construction by the Gento Group of Companies.

Minister of Transport and Aviation, Fanday Turay Esq, report states, presented the proposal before cabinet which was unanimously approved.

The concession agreement between the Government of Sierra Leone and Gento Group of Companies for the Banaa Island and Kent Projects will focus on the design, financing, construction and operationalization of a seaport and logistic hub(harbor terminal).

The approval of the twin projects ( Banana Island Seaport and Kent Logistic Hub) project by Sierra Leone’s Cabinet, under the leadership of President Julius Maada Bio, represents a significant step towards progress and development for the country. The decision to greenlight this two-billion-dollar investment initiative by Gento Group of Companies showcases a positive shift towards supporting local content policies, especially when spearheaded by individuals like Mohamed Gento Kamara who challenge the belief that Sierra Leoneans can’t lead in local investments.

This project’s approval not only reflects a commendable advancement in Sierra Leone’s economic landscape but also underscores the government’s commitment to fostering local entrepreneurship and ownership. The forthcoming ratification of the agreement by the Sierra Leonean Parliament is poised to benefit the entire nation, opening up new avenues for growth and prosperity.

With companies like National Petroleum and Leonoil paving the way in local investments in Sierra Leone, the Gento Group of Companies now stands ready to further elevate the country’s standing as a transshipment hub for major shipping lines. The strategic geographical location of Sierra Leone, combined with the deep depth of its waters, positions it as an attractive destination for cargo and container vessels traversing routes from China, South America, Europe, and beyond.

By establishing a seaport at Banana Island and a Logistic Hub at Kent, Sierra Leone is set to reclaim its historical significance as a key transshipment point for larger vessels. This transformation not only signifies a positive shift towards economic development but also signals a promising future for the country’s prominence in global trade and logistics.