Jones Lang LaSalle has gained significant interest from terminal operators and expects PCCP to announce its selected operator later this year.
Construction work on what will be the first terminal to be built on freehold land is expected to start this summer, with completion planned to coincide with the Panama Canal’s third set of locks expansion project in late 2014.
Designed to accept super-post-Panamax 18,000 teu container vessels, the four berth terminal will have an initial capacity to handle 2m teu and is expected to become a major transhipment hub.
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