APM Terminals’ determination pays off in Costa Rica

Terminal de Contenedores de Moin (TCM) will be located approx 10km from the current Moin multipurpose terminal. For the first time on Costa Rica’s Caribbean coast, a 2.2km breakwater will be built which will provide protection for the 1,500m berth line. The entire project will be constructed on an artificial island containing more than 70ha of yard space.

The Ministry of Public Works & Transport (MOPT), port authority (Japdeva) and the National Concessions Council (CNC), cooperated to produce the bidding terms. With current port facilities closed for more than 30 days a year due to weather, public holidays and strikes, the intention is for the concessionaire to build and operate a world class terminal which will improve the logistics chain by introducing higher productivity and lowering waiting vessel times.

The offer deadline was August 17, 2010 but the only bid received was from APM Terminals. The award is expected to be made in early October and the lease terms will be regulated by Autoridad Reguladora de Servicios Publicos (ARESEP), the Public Services Regulatory Authority.