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Emerging Economies

Moroccan authorities have launched the $396 million Wessal Casablanca Port project which will develop a new fishing port and shipyard in the country’s largest city as well as upgrading existing infrastructure.

Authorities at Mozambique’s Port of Maputo have launched a tender process to select a company to expand the access channel at the port and allow vessels with draughts of up to 14.5 metres.

Construction of the 2.5 million TEU Asyaport container terminal in Turkey is due to be complete in June this year expanding the logistic capacity of the heavily industrialized Thrace region, according to the Turkish American Chamber of Commerce and Industry (TACCI).

Vietnam’s Ministry of Transport has invited interested parties to a meeting to finalise the restructuring scheme for its sea transport strategy on the 17th of this month.

Construction of Namibia’s $86 million Walvis Bay port expansion project is on target to be complete by May 2017, according to the developer China Harbour and Engineering Company (CHEC).

The Indonesia government is seeking a reported $7 billion of foreign investment to upgrade its ports as part of a strategy that aims to tackle the country’s current dire lack of capacity for shipping lines.

Port operator APM Terminals is reportedly preparing to begin construction on the first phase of its massive $1 billion Terminal de Contenedores de Moín (TCM) in Costa Rica following years of delay as it aims to quadruple capacity at the port.

Emirati marine terminal operator DP World has met with Kazakhstan’s Minister for Investment and Development to discuss potential investment in port infrastructure to boost Asia-Europe transhipments via the country.

The tender to operate the second container terminal at the Port of Mombasa in Kenya has attracted strong interest from investors. A total of 19 international firms bid for the $300m project.

Plans to reform India’s port sector and attract large-scale investment via public-private partnerships and Build Operate Transfer (BOT) initiatives have drawn criticism from some industry players concerned about the involvement of foreign companies in the sector.


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