A Belgian-Qatari consortium, composed of Deme Concessions and Qterminals, has entered into a contract with the Polish authorities to fund, build, and manage a new deep-water container terminal in Świnoujście, in western Poland, along the Baltic coast. The goal of this multi-billion euro venture is to redirect a portion of the maritime freight traffic from the currently leading regional port in Hamburg and serve Eastern Germany and the Czech Republic through excellent land route connections. The expansion will cater to the growing demand for container facilities and accommodate large container vessels. Expected to be functional by 2028, the new terminal will have an annual handling capacity of 2 million TEUs (Twenty-Foot Equivalent Units), servicing two ships at once and dealing with military cargo. However, the establishment of a new port access route is necessary, bypassing German territory, at an estimated expense of 10.3 billion zloty (€2.3 billion) to be met by the Polish government. The consortium will bear the projected 2 billion zloty cost of the terminal’s construction.
Source: notesfrompoland.com
