Independent journal on economy and transport policy
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Group APM Terminals invests in the Georgian port of Prunes
Agreement with the Middle Eastern RAKIJA in order to realize a new container terminal that will become operating in 2014
April 5, 2011
Shopping of shipowning group Danish A.P continues. Møller-Mærsk in the ports of all the world. Its branch APM Terminals in fact has tightened an agreement with the RAK Investment Authority (RAKIJA), agency of the government of Ras Al Khaimah (the United Arab Emirates), in order to carry out an investment of the value of 238,55 million dirham (65 million dollars) in the new bonded area and adjacent manufacturer to the Georgian port of Prunes that she is developed by the Middle Eastern agency through the filial Rakija Georgia Free Industrial Zone LLC.
RAKIJA stops a concession contract on the area of the duration 99-year-old that is signed 11 April 2008 with the government of the Georgia and possesses the entire capital stock of Poti Sea Port Corporation, the authority that manages the port of Prunes.
The bonded area and manufacturer of Prune include a harbour area of about a million square metres to which the investment of APM Terminals is directed and in which will be realized a container terminal. According to the forecasts, the first phase of the project will be started this year and will become operating in 2014.
Initially the new terminal will have a dock of 350 linear meters in a position to per year enlivening a traffic of the container until 450.000 teu.
In the past weeks Poti Sea Port Corporation has commissioned the Range Georgian and to the international society of Environ advising the realization of the study of environmental impact of the new harbour area of Prunes that it will accommodate the container terminal on a surface of about 100 hectares.
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