Faster Cargo Clearance Has a Positive Impact on Benin Economy

Benin Port

The average clearing time for cargo in Benin is highly reduced, leading to a boost in the transport of goods via ports. Nigeria, a neighboring country, stands to lose business at its ports due to the long clearing time of 14 to 21 days. In Cotonou, Benin, the cargo clearing process averages seven days. The faster process proves to be more cost-effective, which thereby stimulates the growth of the port industry, as well as accumulate revenue for the government. General manager of the RORO Terminal in Benin states that it takes an average of seven days to clear a container, and 24 hours to clear a vehicle. Their goal is to eventually minimize the cargo dwell time to 24 hours so that importers may retrieve their containers as soon as the ships dock.

Cargo clearance in Cotonou port has become faster due to governmental port reform that was initiated in 2011. Since the reform established a single online clearing platform called SEGUB, there is less vessel waiting time, free flow of traffic in the port access roads, and an increased volume of cargo in the port.

Further Reading: http://businessdayonline.com/2014/02/importers-move-to-ghana-benin-ports-as-slow-processes-in-nigeria-hurt-business/#.UyCV-vldXTo

Image Source: http://www.dredgingtoday.com/2013/02/07/benin-afgen-inks-agreement-with-dredging-international/

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