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Projects at the 6th Global Infrastructure Leadership Forum

Featured Projects of the 6th Annual Global Strategic Infrastructure Leadership Forum

to download The 2013 Strategic 100 Global Infrastructure Projects List

 

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Airports
Digital
Electricity Generation & Transmission
High Speed Rail
New Infrastructure
Oil & Gas
Ports & Logistics
Strategic
Surface Transport
Urban Mass Transit
Water/Wastewater

Airports

Brasilia Presidente Juscelino Kubitschek International Airport Expansion
Sector: Airports
Subsector: Expansion
Location: Brazil
Value: US $245 million
Stage: Awarded
Project Sponsor: Ministry of Civil Aviation
Project Presenter: Wagner Bittencourt, Minister, Ministry of Civil Aviation

The Brazilian Social and Economic Development Bank (BNDES) has approved a bridge loan of R$ 488 million to Inframérica, the concessionaire of Brasilia Airport, to begin the expansion, maintenance and operation of the Brasilia–Presidente Juscelino Kubitschek International Airport in the Federal District, Brazil. The financial structure of the Brasilia Airport project requires long-term financing, to be structured as project finance. The terms of the long-term financial support will depend on an analysis of the project, presented by Inframérica, which is currently underway in BNDES. Brasilia Airport is the fourth largest airport in Brazil. Due to its privileged location in the midwest, it represents an important link between the north-northeast and south-southeast regions. The consortium intends to transform the entire airport area into a commercial hub with a hotel, convention center and offices. This will allow Brasilia Airport to accommodate an international logistics center, which will be driven by partnerships with major logistics operators. Initial work includes the expansion of boarding and parking areas, the creation of a VIP room, and preparation of the grounds for the expansion of the passenger terminal. 400 direct jobs and 2,000 indirect jobs will be created during the construction phase, and 576 direct jobs and 1,000 indirect jobs are expected to be created during the operational phase, according to estimates from the concessionaire.

Confins - Airport of Belo Horizonte
Sector: Airports
Subsector: Privatization
Location: Brazil
Value: US $2.4 billion
Stage: Studies by EBP, tender scheduled for September
Project Sponsor: Ministry of Civil Aviation
Project Presenter: Wagner Bittencourt, Minister, Ministry of Civil Aviation

Confins is the 5th busiest airport in Brazil, moving more than 10 million passengers each year. The project will construct a new terminal at the airport as well as a rapid transit system from Confins to Belo Horizonte.

Galleão - Airport of Rio de Janeiro
Sector: Airports
Subsector: Privatization
Location: Brazil
Value: US $3.2 billion
Stage: Studies by EBP, tender scheduled for September
Project Sponsor: Ministry of Civil Aviation
Project Presenter: Wagner Bittencourt, Minister, Ministry of Civil Aviation

Galleão is Rio de Janeiro’s main airport, moving 17.5 million passengers a year. Air traffic at Galleão increased by 3 million passengers between 2011 the 2012. The objective of this project is to prepare the airport to accommodate even greater increases in traffic expected for both the 2014 World Cup and the 2016 Olympics.

Istanbul 3rd Airport
Sector: Airports
Subsector: Greenfield Airport
Location: Turkey
Value: US $9 billion
Stage: RFP before end of 2012
Project Sponsor: Ministry of Transport and Communication
Project Presenter: Ayse Akçura, NY Advisor, Prime Ministry Investment Support and Promotion Agency of Turkey (ISPAT)

In the coming weeks, Turkey is expected to outline terms for the construction of a third airport in Istanbul, a project that is already generating a high degree of interest, according to the head of the Turkish infrastructure group, Limak Yatirim Holding. Passenger traffic through Istanbul has risen sharply in recent years as Turkish Airlines, which uses the city as its hub, has added new routs becoming one of the world's fastest growing carriers. The third Istanbul airport is expected to accommodate an initial 90 million passengers a year, expanding to 150 million passengers in coming years, and will feature three runways. When completed, it will be the world's largest airport.

Digital

Brasilia Digital Infrastructure Program
Sector: Digital
Subsector: Infrastructure
Location: Brazil
Value: US $1 billion
Stage: Feasibility Study
Project Sponsor: Terracap
Project Presenter: Jose Humberto Matias de Paula, Director of New Venture Exploration, Terracap

The Digital Infrastructure Program will create a digital park, which is intended to lead the development of a science and technology cluster in Brasilia. The program seeks to address the technology needs of Brasilia-based firms, particularly large public sector firms.

Trans-Eurasian Information Super Highway (TASIM)
Sector: Digital
Subsector: Infrastructure
Location: Regional (Eurasia)
Value:
Stage: Concept
Project Sponsor: Azerbaijan Ministry of Communications and Information Technologies, TASIM Permanent Secretariat
Project Presenter: Ilyas Naibov-Aylisli, Head of Executive Group, TASIM

The Trans-Eurasian Information Super Highway (TASIM) Project is a major regional initiative to construct a transnational fiberoptic cable, which will serve as the backbone of information transfer and communications from Western Europe to China. The project will build a major new information transit route from Frankfurt to Hong Kong. This route will connect the biggest exchange point in Europe with the biggest exchange point in Asia. TASIM is a long-term initiative being coordinated by Azerbaijan and will be implemented in stages. Countries to benefit from TASIM are very different in terms of their level of telecom sector development and market needs. In more advanced countries, issues such as low latency and advanced services in IP networks are priorities to be addressed, while in less developed countries, basic connectivity and the price of accessing the internet are considerations.

Electricity Generation & Transmission

Afsin Elbistan Coal Facility
Sector: Electricity
Subsector: Coal Generation
Location: Turkey
Value: US $12 billion
Stage: Various Stages
Project Sponsor: Elektrik Üretim A.S. (EÜAS)
Project Presenter: Ayse Akçura, NY Advisor, Prime Ministry Investment Support and Promotion Agency of Turkey (ISPAT)

Turkey has signed a landmark, $12 billion deal with the United Arab Emirates to develop its coal fields in the country’s south. According to Turkey’s Energy Minister, Taner Yıldız, the deal between Abu Dhabi’s national energy company, TAQA, and Turkey’s state-run electricity company, EÜAŞ, is of crucial importance to Turkey’s energy sector. The two governments expect the project to generate some 85 million tons of coal annually, or 45 billion kWh. Construction of the facilities will employ 15,000, while the completed facility will provide local jobs for 8,500, officials say. Under the agreement, an existing facility will be expanded, and several new power plants near regional mines will be constructed. Preparatory work to expand the existing facility and construct one of the new facilities will start immediately.

Akkuyu Nuclear Power Plant
Sector: Electricity
Subsector: Generation
Location: Turkey
Value: US $20 billion
Stage: Permitting
Project Sponsor: ROSATOM
Project Presenter: Alexander Superfin, CEO, Akkuyu NPP

The Akkuyu nuclear power plant (NPP) in Turkey is being developed by Rosatom, Russia’s state-owned nuclear company. An inter-governmental cooperation agreement was ratified by the two governments in 2010. The project is estimated to cost $20 billion and will be Turkey's first nuclear power plant. On-site work has already begun and the first concrete will be pored late in 2013. Akkuyu NPP is located on the sea, enabling the transportation of heavy machinery to the site. It is close to centers of electricity consumption, such as Adana, Konya, Antalya and Mersin. The nuclear plant will be built, owned and operated by a Russian subsidiary of Rosatom. In December 2010, Rosatom created a project company named the Akkuyu Electricity Generation JSC (joint stock company). Foreign investors are allowed to invest up to 49% in the new company. Turkey’s state electric company, Elektrik Uretim (EÜAŞ), will provide the land required for the four reactors.

Al Abdaliyah Integrated Solar Combined Cycle (ISCC)
Sector: Electricity
Subsector: Solar Generation
Location: Kuwait
Value: TBD
Stage: RFP/RFQ
Project Sponsor: Ministry of Electricity & Water
Project Presenter: Adel Al Roumi, President, Partnerships Technical Bureau

The Al Abdaliyah Integrated Solar Combined Cycle Plant will be the first solar-thermal power plant in Kuwait. The plant will be more efficient than conventional combined cycle power plants, and will provide stable and continuous power. The total capacity of the power plant will be 280 MW, while the plant itself will use only 60 MW. The facility will emit 48,000 tones of CO2 less than conventional power plants of similar capacity each year. A feasibility study for the project is currently being developed.

Renewable Energy Independent Power Producers (REIPP) Programme
Sector: Electricity
Subsector: Solar Generation
Location: South Africa
Value: US $5.44 billion
Stage: Financial Closure (First Bid)
Project Sponsor: South African Department of Energy
Project Presenter: Nellie Magubane, Director General, South African Department of Energy

This REIPP Programme will promote socio-economic and environmentally sustainable growth in South Africa by stimulating the country’s renewable energy industry, and will produce 3,725 MW through sustainable sources. South Africa has great renewable energy potential and has set the production of 10,000 GWh produced through renewable sources as a goal. The Minister of Energy has determined that 3,725 MW must be generated through renewable energy sources to ensure the uninterrupted supply of electricity. The generation of 3,725 MW through renewable sources is broadly in accordance with the capacity allocated to renewable energy generation in IRP 2010-2030.

Solid Waste Management Plant for Belo Horizonte Metropolitan Area
Sector: Electricity
Subsector: Waste to Energy Electricity Generation
Location: Brazil
Value: US $300 million
Stage: RFP/RFQ
Project Sponsor: Minas Gerais PPP Unit
Project Presenter: Marcos Siqueria Moraes, Director, PPP Minas Gerais

The Horizonte-Asja Consortium Project began commercial operations in February 2011. It supports the Brazilian government's goal of increasing the production of electricity from renewable sources and reducing the country's greenhouse gas emissions by between 36% and 39% by 2020. Developers say that the project has been certified as a clean development mechanism (CDM) project under a carbon credit program established by the Kyoto Protocol. The project currently features three 1.4 MW GE ecomagination-qualified J420 Jenbacher gas engines, and will be expand by Asja with a fourth J420 Jenbacher gas engine that will produce a total of 5.5 MW by the end of 2011. Energy output is expected to be enough to supply an average Brazilian city of more than 60,000 people. Electricity from the facility is being supplied to the local grid. According to GE, the amount of electricity currently being supplied by the plant is more than an average U.S. natural gas-fired power plant could generate with 12 million cubic meters of natural gas.

T.L. Mantaro-Marcona-Socabaya-Montalvo 500 kV
Sector: Electricity
Subsector: Generation
Location: Perú
Value: US $372 million
Stage: First contract version published
Project Sponsor: ProInversión
Project Presenter: Conrado Falco, Economic-Commercial Counselor of Perú in New York

The concession of the “500 kV Transmission Line Mantaro-Marcona-Socabaya-Montalvo and Associated Substations” constitutes the second 500 kV link between the central and south areas of Perú’s National Interconnected Power System (SEIN). It will allow energy generated in central Perú to be transmitted to the south. This will address projected increases in energy demand in the region and provide financial benefits for the operation of the system as well as a more reliable power supply system. The concession will be granted under the modality of Public Bid for Integral Projects. The successful bidder shall be responsible for the design, financing, building, operation and maintenance of the project. The successful proposal shall be the one with the lowest total service cost as of the date of the proposal’s submission. The total service cost is shall represent the annuity of the investment cost plus the operation and maintenance cost per year. The estimated investment is $ 372.0 million.

200MW Wind Farm outside Istanbul
Sector: Electricity
Subsector: Offshore Wind Generation
Location: Turkey
Value: US $280 million
Stage: Completion expected early 2015
Project Sponsor: Karbone
Project Presenter: Izzet Bensusan, Managing Director, Captona Partners

Turkey is currently developing a wind farm that will take advantage of Istanbul’s strong winds and supply its market with 200 MW. Construction on the project, which is supported by the Turkish Ministry of Energy and is being managed by an experienced Turkish developer, is expected to begin in early 2013, with commercial operations beginning in January 2015. The project is currently seeking an equity investor and has entered into negotiations with banks for the debt portion of its financing.

500MW Natural Gas Combined Cycle Power Plant in Southeast
Sector: Electricity
Subsector: Natural Gas Generation
Location: Turkey
Value: US $900 million
Stage: Completion expected early 2015
Project Sponsor: Melek
Project Presenter: Izzet Bensusan, Managing Director, Captona Partners

The Southeast Natural Gas Combined Cycle Power Plant is expected to be completed in 2015, and will provide southeast Turkey with 500 MW. The plant's operators have reached an agreement with the Turkish Petroleum Pipeline Corporation to build an expedited pipeline directly to the facility, thereby hastening its completion by up to a year. Construction is slated to begin following a capital increase and the submission of performance bonds to the Energy Market Regulatory Authority.

900MW Coal Power Plant in Southeast Province
Sector: Electricity
Subsector: Coal Generation
Location: Turkey
Value: US $805 million
Stage: Completion expected 2017
Project Sponsor: SELEK
Project Presenter: Izzet Bensusan, Managing Director, Captona Partners

Turkey estimates that its energy production must increase by 3 billion KWH a year in order to keep pace with its growing economy. To help meet this need, the Ministry of Environment and Forestry and the Board of Inspection and Survey has approved the construction of a 900MW coal plant in the Erzin Distrect of Southeast Province. With 41% expected operational efficiency, the coal plant will be among the most efficient coal plants on earth. The project is to be completed by 2017.

High Speed Rail

Rio - São Paulo High Speed Rail
Sector: High Speed Rail
Subsector: Passenger
Location: Brazil
Value: US $16.4 billion
Stage: Tender
Project Sponsor: Agencia Nacional de Transportes Terrestres (ANNT)
Project Presenter: Henrique Pinto, Superintendent for Project Financing, Brazilian Development Bank (BNDES)

The Rio - São Paulo High Speed Rail project has been estimated at 33.2 billion reais (US$16.4bn). The 511km train route - also known as the EF-222 line - will run through the cities of Campinas, Guarulhos, São Paulo and São José dos Campos in São Paulo state, and Rio de Janeiro, Volta Redonda, and Barra Mansa in Rio de Janeiro state. Estimated time of travel between Rio and São Paulo is about 90 minutes on a train travelling at speeds of up to 300kph.

New Infrastructure

Boca Chavon Marina
Sector: New Infrastructure
Subsector: Marina
Location: Dominican Republic
Value: US $225 million
Stage:
Project Sponsor: CEI-RD
Project Presenter: Jean Alain Rodriguez, Secretary of State / Executive Director, CEI-RD

Boca Chavon Marina is a real estate and tourism development on the bank of the Chavon River in eastern Dominican Republic. It is located in a heavily touristed area in front of the world renown Casa de Campo resort. The project is eco-friendly and will be developed in a natural and organic environment, but will feature modern conveniences. This will allow guests to feel relaxed and in harmony with the surrounding environment. With an estimated cost of $225 million, and an estimated 4-year execution period, the project will have many attractions, including access to the Chavon River, one of the most beautiful rivers in the country. Guests and residence will enjoy the region’s unforgettable landscape and marina, which is expected to have 96 moorings for crafts between 20 and 60 feet. Residents will have the option of purchasing one of these moorings, which will allow them to participate in water sports and access lush natural surroundings. Additional amenities include a luxury boutique (with casino, spa, shopping area and restaurants); 44 villas; 6 prime plots of land where individual buyers can build and design their own exclusive villas (within the project guidelines); 250 apartments; 23 townhouses; and ample parking for residents and tourists. The entire project envisages a total of 323 unites, all with the infrastructure and facilities apropiate to a project of this magnitude. The total area of the development will be 157,873.88 squire meters.

Oil & Gas

Trans-Anatolian Natural Gas Pipeline (TANAP)
Sector: Oil & Gas
Subsector: Pipeline
Location: Azerbaijan
Value: US $7 billion
Stage: Feasibility Study
Project Sponsor: State Oil Company of Azerbaijan Republic (SOCAR)
Project Presenter: TBD

The Trans-Anatolian gas pipeline (TANAP) is a proposed natural gas pipeline stretching from Azerbaijan through Turkey to Europe. If constructed, it will transport gas from the Shah Deniz gas field to markets in the west. The project was announced in 2011 at the Third Black Sea Energy and Economic Forum in Istanbul, and a memorandum of understanding establishing a consortium to build and operate the pipeline was signed between Turkey and Azerbaijan. In 2012, the process of conducting the technical-economic feasibility study was launched, and the President of Azerbaijan, Ilham Aliyevand, and Prime Minister of Turkey, Recep Tayyip Erdoğan, signed a binding inter-governmental agreement on the pipeline. The pipeline is expected to cost $7 billion. Construction is planned for 2014 and is to be completed by 2018. The pipeline will run from Turkey’s border with Georgia to Turkey’s border with Europe. The exact route of the pipeline has not been finalized, however it was announced that branches will enter Greece and Bulgaria, and that it will connect to the Nabuco-West Pipeline. SOCAR (80%), BOTAS (15%), and TPAO (5%) are the founding members of the consortium. SOCAR has the right to sell a part of its shares to minority partners. It has invited BP, Statoil, and Total S.A. to become minority shareholders in this project.

Ports & Logistics

Brazil Port Program
Sector: Ports & Logistics
Subsector: Sea Ports
Location: Brazil
Value: US $26 billion
Stage:
Project Sponsor: Estruturadora Brasileira de Projectos (EBP)
Project Presenter: Helcio Tokeshi, Director, EBP

Brazil's government has unveiled plans to invest 54.2 billion reais (approx $26 billion) over the next four years to modernize the country's ports, whose high costs and notorious delays are eroding the country’s competitive edge. The plan includes the creation of a new regulatory framework to eliminate barriers to projects and speed up leasing and environmental licensing processes, as well as the logistical integration of transportation modes. According to the government, Brazil's 34 major ports are unprepared to deal with a potential quadrupling of port traffic estimated to be nearly a billion tons a year by 2030. Ports in Brazil's industrially developed southeast are working at near 100% capacity and those in the rest of the country are expected to be saturated by 2016. Under the program, 2.6 billion reais ($1.23 billion) will be allocated to investment in access routes to Brazil's 18 leading public ports.

Dubai Logistics Hub
Sector: Ports & Logistics
Subsector: Logistics Hub
Location: UAE
Value: TBD
Stage: Various
Project Sponsor: Dubai Department of Economic Development
Project Presenter: David Harris, Director, Logistics Investment Support, FDI, Dubai Department of Economic Development

Dubai FDI provides essential information and invaluable support to foreign businesses looking to invest in Dubai’s thriving economy and take advantage of its global strategic importance. Dubai FDI will build a state-of-the-art logistics infrastructure hub for the businesses within the GCC and the broader region.

Entry to GCC Rail Network
Sector: Ports & Logistics
Subsector: On-Dock Rail Terminal
Location: Oman
Value: US $100 million
Stage: Expected to tender in coordination with Oman National Rail project
Project Sponsor: Port of Salalah
Project Presenter: Peter Ford, CEO, Port of Salalah

The Entry to the GCC Rail Network Project is a Port of Salalah Project that will connect the port with the greater GCC Rail Network. When completed, the $100 million project will provide faster connectivity to GCC markets, lower CO2 emissions, improve logistical reliability within the GCC, increase capacity of the Port of Salalah by 1 million containers per year, and create 1000 jobs.

Global Gateway Logistics City
Sector: Ports & Logistics
Subsector: Logistics Hub
Location: Philippines
Value: US $2.8 billion
Stage:
Project Sponsor: Peregrine International
Project Presenter: Dennis Wright, President & CEO, Peregrine International

The Global Gateway Logistics City (GGLC) is a 177-hectare, $2.8 billion, state of the art Logistics and Business Center of Excellence. It is located at the Clark Freeport Zone in the central plains of Luzon, just 60 minutes north of Manila. GGLC will host business enterprises and operations involved with warehousing, distribution, transportation and related multi-nodal logistics activities, as well as light industrial manufacturing, administration, management, and commercial and retail operations. GGLC has over 4,500,000 square meters of turn-key facilities custom-built for direct lease to locators. Its construction started in 2010. There are currently 4 projects underway at GGLC with many more to come in the next few years. Peregrine Development International is the prime contractor on the project, while the KGL Group is a global leader in transportation, logistics and supply chain management.

Multimodal Logistics Platform
Sector: Ports & Logistics
Subsector: Logistics
Location: Brazil
Value: US $400 million
Stage:
Project Sponsor: Minas Gerais PPP Unit
Project Presenter: Luiz Antônio Athay de Vasconcelos, Under Secretary of State for Strategic Investment
New Port of Santo Domingo
Sector: Ports & Logistics
Subsector: Sea Ports
Location: Dominican Republic
Value: US $200 million
Stage: Design
Project Sponsor: National Authority of Maritime Matters (ANAMAR)
Project Presenter: Pascual Prota H, Minister of Sea Matters

The project intends to turn the city of Santo Domingo into a major tourist destination that contributes substantially to the government’s goal of attracting 10 million tourists annually. It is building a modern, 1.6km long seaport between 200 and 250 Mts from the coast, at a depth not exceeding 12 meters. The port will include facilities for cycling, jogging, walking and fishing, and will have bars, restaurants, and a modern breakwater lighthouse that will become an icon of the city of Santo Domingo.

Northern Breakwater
Sector: Ports & Logistics
Subsector: Breakwater
Location: Oman
Value: US $250 million
Stage: Expected to Tender Q1/2 2013
Project Sponsor: Ministry of Transport and Communications, Port of Salalah
Project Presenter: Peter Ford, CEO, Port of Salalah

The Northern Break Water Project is a Port of Salalah Project that will construct a 3.5km breakwater with funding from the government of Oman. The total project, estimated at $250 million, will improve the productivity of the port, improve weather protection, increase port safety and security, improve passenger experience particularly for the hospitality and tourism sectors, and increase the cargo capacity of the port by 30%. The project is owned by the Ministry of Transport and Communications.

Port of Çandarli
Sector: Ports & Logistics
Subsector: Sea Ports
Location: Turkey
Value: US $400 million
Stage: Construction/Procurement
Project Sponsor: Ministry of Transportation
Project Presenter: Ayse Akçura, NY Advisor, Prime Ministry Investment Support and Promotion Agency of Turkey (ISPAT)

Candarli Port is a priority port project, and is eligible to receive technical assistance funding from the EU through the Transport Infrastructure Needs Assessment Programme. Located in the Aegean Sea, Candarli Port will be a hub-port in the multimodal transportation corridor for traffic between Europe, the Middle East, and Eastern Europe and Black Sea countries. Its capacity will reach 2m TEU per annum by 2014, and 12m TEU by 2024. £115m has been allocated to the project through the EU’s public investment program as part of the IPA (Instrument for Pre-Accession Assistance). The tender is scheduled for release to local and international consortiums on the basis of a BOT model, with a minimum of a 25-year lease period. Once completed, vessels of up to 200,000 dwt and 10,000+ TEU will be accommodated by the port. The port will feature a 2km wide berth with deep water access and is scheduled to be operational by 2014.

Takoradi Port Rehabilitation & Expansion
Sector: Ports & Logistics
Subsector: Sea Ports
Location: Ghana
Value: Concept
Stage: TBD
Project Sponsor: Ghana Ports & Harbours Authority (GPHA), Ghana Ministry of Finance
Project Presenter: Magdalene Apenteng, Director of Public Investment, Ghana Ministry of Finance

The Port of Takoradi is Ghana's second deep-water port. It is located in the twin cities of Sekondi-Takoradi and serves as the main point of export for Ghana. The port handles less than 35% Ghana's seaborne traffic and 62% of national exports, and has increased in importance since the discovery of oil in 2007. It is now the main supply port for offshore oil production and exploration operations. Takoradi Port has not been expanded over the last half century, and is currently experiencing major management challenges due to increased oil and gas development. The Port Authority and government of Ghana intend to expand the Port’s infrastructure and facilities through a variety of PPP viable opportunities. It is envisaged that private firms will be responsible for designing, financing, rehabilitating, developing and/or operating identified Business Units to prescribed standards. The object of the project is to expand the Port’s infrastructure by building new bulk un/loading facilities, facilities to support oil exploration and development, container terminals, and throughput and turnover among others. The cost of the project will be estimated during pre-feasibility and full feasibility studies.

Tanjung Priok Port Expansion
Sector: Ports & Logistics
Subsector: Sea Ports
Location: Indonesia
Value: US $2.4 billion
Stage: RFP/RFQ
Project Sponsor: Ministry of Transport, PT PELINDO II
Project Presenter: RJ Lino, CEO, PT PELINDO II

Pelindo II is undertaking a project to expand the Tanjung Priok Port by building Kalibaru Port, also known as the “New Priok Port,” seven kilometers west of Tanjung Priok. The total investment needed for the two-part project is $4 billion. The first phase will cost $2.5 billion, while the second will cost $1.5 billion. Construction of the first phase is expected to be completed in 2014. The first phase will construct three container terminals with a combined capacity of 4.5 million 20-foot equivalent units (TEUs); two fuel oil terminals; and a gas terminal with a combined capacity of 9 million tons per year. The second phase is set to commence in 2018, for completion by 2022. The second phase will add four more terminals, bringing the total container handling capacity of Priok Port to 12.5 million TEUs.

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