APM Terminals initiates new project in Georgia
The Dutch port operator – APM Terminals has plans to build a deepwater port terminal in Georgia, at the Poti Sea Port.
The international container terminal operating company will have to invest 250 million EUR to complete the first stage of its ambitious plan, the money being obtained through private capital.
‘This investment in the strategically important port of Poti is a proof of our commitment and belief in Georgia and the development of a transport corridor that stretches into Central Asia’, according to the Managing Director of APM Terminals Poti, Keld Christensen.
The first stage of the build process includes a breakwater of 1,700 meters and a new quay, measuring 400 meters in length. By doing so, the new port terminal will be able to handle dry bulk cargo and a projected 150,000 TEUs per year.
The most important aspect, however, is the fact that larger ships will be able to dock, thanks to the increase depth of the docking area. This being said, the berth will be able to accommodate ships transporting up to 9,000 TEUs.
APM Terminals expects to complete the first stage of development in the second quarter of 2022.
The second build stage includes a 300 meters container quay, equipped with 3 cranes, which should double the port’s annual container capacity to over 1 million TEUs.
