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Indiaexportnews.com

DP World gains US$377 million financing to build terminal in Ecuador

  14.12.2018    

DP World Posorja has been awarded financing of up to US$377 million from IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, for the construction, operation and maintenance of the first phase of a planned multipurpose terminal at Posorja port in Ecuador.
With an estimated annual container handling capacity of 800,000 TEU in the first phase of development, the new terminal would help ease congestion at Guayaquil, Ecuador's main port where there are expansion limitations.
Once the new terminal is built, vessels of.15,000 TEU will be able to call with its 16.5 metres alongside, reported FreshPlaza.



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