APM Terminals to build largest infrastructure project in Costa Rica’s history

APM Terminals has signed a $992m 33-year concession contract with the Costa Rican Government to design, finance, construct, operate and maintain the new Moin Container Terminal (TCM) on the Caribbean coast. 80% of the country’s commerce is handled in the current port complex of Puerto Limon/Moin.

Henrik L. Pedersen, Vice-President, Business Development for the Americas for APM Terminals commented, "Since the beginning, our goal has been to work with Costa Rican leaders to develop a world-class container terminal that modernises their port system to help Costa Rica achieve its economic ambitions. Not only will it increase the country’s international trade competitiveness, the terminal will reduce logistics costs through higher operating efficiency and enhance Costa Rica’s container cargo security reputation. Our investment in Costa Rica reflects our Latin America strategy to partner with government and business leaders and apply our financial and operational strength to upgrade Latin America ports. The new port in Moin will attract additional international investment; create new jobs and business growth benefiting the country and region."

In the first phase of the project, the terminal will feature 600 m of dedicated container berth with six post panamax ship-to-shore cranes and 40 ha of yard. Water depth in the channel and alongside will be 16 m (52 ft) and the terminal will be protected by a 1.5 km new breakwater to enable year round operations.

In the final phase of construction, the terminal will have 1,500 m of quay wall, 80 ha of yard and the water depth will be increased to 18 m (59 ft). The terminal is scheduled to be operational by 2015.

Quelle: eyefortransport
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