APM eyes year-end for Moín terminal construction start

Wednesday, October 8, 2014

Hague-based port operator APM Terminals hopes to start construction of its Moín terminal in Costa Rica by year-end.

"The project has suffered from bureaucratic delays... but we seem to have got over those issues and are on track to start construction by the end of the year," Paul Gallie, managing director of the terminal project told BNamericas.

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APM Terminals won the concession to build and operate the port in August 2011 and had initially expected to start construction in 2013.

However, a series of delays due to environmental concerns and a legal challenge to the concession's validity pushed back the schedule.

APM Terminals submitted its final environmental annex to the environment ministry (Setena) on September 18 and hopes to have the project's environmental licence approved by the end of this month, said Gallie.

The environmental licence and building a works access road - already 90% complete - are the last remaining conditions before starting construction.

The first US$663mn phase is due to be built within 36 months and includes 650m of quay and a 40ha artificial island protected by a causeway and a breakwater.