Published 7 days ago

APM Terminals to invest $240m in Jordan’s Aqaba port in return for 15-year extension - Global Construction Review

Summary by globalconstructionreview.com

The Kingdom of Jordan signed an agreement with APM Terminals on Wednesday to upgrade the container terminal at its port in Aqaba on the Red Sea. The Dutch company will invest $242m to increase the port’s capacity to 1.7 million boxes a year, compared with 1.3 million at present. According to the Aqaba Development Corporation (ADC) the deal will also improve the port’s environmental performance, largely through electrification, with the aim o…

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APM Terminals to invest $240m in Jordan’s Aqaba port in return for 15-year extension - Global Construction Review

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