APM Terminals finally awarded Costa Rica terminal concession

“For APM Terminals it is an honour to receive this responsibility which the Government of Costa Rica has awarded to us today (March 1, 2011) and the next steps will include signing the concession agreement and commencement of the detailed engineering studies,” said Paul Gallie APM Terminals’ Director of Business Development for the Americas.

In the first phase and depending upon technical studies, the access channel and turning-basin will be dredged to 16 m deep. A new 1.5 km breakwater will be constructed and a 40 ha container yard will be created together with two berths on 600 m of qua. Additional works including the administration building and a 12-lane gate will also be included.

Phase one which will be completed in 2016 at a cost of US$543m will be equipped with six post-Panamax ship-to-shore gantry cranes, ECO-RTGs and other specialised equipment. The terminal will undergo phased expansion in accordance with provisions of the concession agreement.