APMT awarded Tanger Med concession
APM Terminals has been awarded a 30-year concession to operate Container Terminal 4 at Tanger Med II.
The 5m teu terminal is scheduled to be completed in 2019 and will include 1,600 m of quay and 76 ha of container platform.
APMT will invest €758m (US$873m) in the project, with an extension option reserved which would entail an extra €140m (US$159m) of investment and 1m teu of capacity.
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