Abu Dhabi awards new container delivery terminal to China’s Cosco
September 28, 2016 12:31 pm
Abu Dhabi Ports has awarded China’s Cosco Delivery a 35-yr concession to construct and function a brand new container terminal at Khalifa Port, the chief government of the Abu Dhabi firm informed Reuters on Wednesday.
The terminal is predicted to be operational within the first quarter of 2018, Mohamed Juma al-Shamisi stated.
It can have a capability of two.four million twenty foot equal models (TEUs), with an choice to extend that to three.5 million TEUs, Shamisi added with out giving a worth for the funding.
Abu Dhabi Ports is an Abu Dhabi authorities-owned firm that runs Khalifa Port and the Khalifa Industrial Zone.
Supply: Press Launch