DP World to build US$1bn greenfield port in Ecuador
Port operator DP World has won a 50-year concession to develop a greenfield multi-purpose port project in Ecuador focused on container handling with a capacity of 750,000 teu.
Construction for the project, which will require a total investment of over US$1bn, is expected to start between the second half of 2016 and the first quarter of 2017.
The new facilities will be located in Posorja, 65 km from the port city of Guayaquil.
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