The contract represents the greatest investment ever made in the port construction implies the greatest investment made in the port industry and involves the construction of a 332 m long and 34 m wide multipurpose berth and an additional 4 ha area.
Designed to allow for the handling of specialised container handling vessels, the work will include the dredging of 2.5m cu m of material in order to achieve an alongside depth of 12 m during the initial stage, with the possibility of increasing this to 14 m in the future.
The Inter-American Development Bank will be responsible for financing 80% of the contract with the State contributing the remainder, specifically to cover the cost of the dredging. According to ANP, when Berth C is completed in around 18 months time it will provide the Port of Montevideo with a 25% throughput capacity increase, allowing it to offer more quality competitive services to shipowners.
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