$ 15 Million for Port Terminal Studies

©image: Martin Schmid

Aubery de Young, CEO of the company, explained that the Government of Costa Rica completed the formalities required to initiate these studies, which include the selection of a government counterpart and an independent engineering firm who will serve as auditor.

Dredgingtoday.com explains that Amega will draft the tender for the project, which will require a total investment of $ 900 million.

Young explained that the studies will be completed by May 2012, and from that date the government will have three months to review the proposal and announce the tender.

Source: DredgingToday.com

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The project consists of a specialized port for the transshipment of containers with an operating area of 45 hectares, and a cost of $950 million.

A press release of the Presidency of the Republic of Costa Rica reads:

Vice President Liberman stressed the importance of getting "the green light to start the tender process, which will generate more employment in the country, mainly in the port area"

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American Development Gateway will begin the second phase of the studies required for the construction of a new port terminal in Moin.

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