Transformative Changes at Port of Lobito Result in 60% Reduction in Expenses
Celso Rosas, President of the Board of Administration at the Port of Lobito, announced yesterday that the port has successfully reduced costs related to salaries, health services, food provisions, training, and other expenditures by 60%. This achievement follows the transfer of 850 workers to assets now under the concession of Lobito Atlantic Railways and Africa Global Logistics. Speaking at a staff meeting commemorating the 96th anniversary of the Port of Lobito, Rosas highlighted the significant financial impact of transferring employees to concessioned assets. With reduced personnel costs, the port can…
Read More Here
