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Bosorga – Ecuador – Dubai 07-10-2019 / WAM
DP World has announced the completion of the first phase of the US $ 538 million deepwater port development project in Bursoga, Ecuador, which has been successfully launched.
The total cost of the project is $ 1.2 billion and will include the establishment of an integrated economic zone according to the model of the port and the free zone in Jebel Ali in Dubai to transform Ecuador into a leading commercial and logistic center on the west coast of South America and put the country on the lines of sailing huge container ships through its capacity of more than 10,000 TEUs Measuring 20 feet.
Sultan Ahmed Bin Sulayem, Chairman and CEO of DP World, visited the new facility to see the progress and progress of the project, one of the largest international investments in Ecuador.
The port began operation two months ago, handling thousands of containers and servicing more than a dozen Post-Panamax vessels. The first phase of the Borsoga project is expected to reach 750,000 TEUs of 20 feet per year during the first phase and 1.5 million containers. Typical 20 feet full capacity of the port .. The port is equipped with the latest technology and world-class infrastructure and includes the largest bridge cranes in South America.
Sultan Ahmed bin Sulayem said that the start of work on the Borsoja project is a milestone in the economic growth of Ecuador. The new port and the special economic zone will contribute significantly to improving the global competitiveness of Ecuador and make the country a vital business center on the west coast of South America through the implementation of the successful model. His experience in Dubai and several other regions around the world.
Since the start of the project, he said, DP has established strong relationships with public and private sector partners and the last two months of operations have demonstrated the importance and capabilities of the port to importers, exporters, shipping companies and local authorities by working together to enable trade and develop innovative logistics solutions.
The second phase of the project is the construction of Bosorga ZEDE, a special economic zone for maritime, logistics and light industry companies. The total GDP of the Emirate of Dubai provides more than 135 thousand jobs ..
The Jebel Ali model has been used successfully in a number of countries including London Gateway in the UK and the new Caucedo station in the Dominican Republic.
The 1,000,000 square meter Special Economic Zone (SEZ), once completed, will cater to the diverse needs of investors and traders looking for an integrated location that provides a manufacturing and distribution center for their products.
For his part, Nicholas Guthier, CEO of DP World – Ecuador, said that the development of the port is in accordance with the best international practices and the project will contribute to the creation of thousands of direct and indirect jobs supported by active social programs, for example, the development of gender equality policies that paved the way for Women as cranes operator for the first time in Ecuador.
It is worth mentioning that the project includes a deep water port with a capacity of 1.5 million TEUs measuring 20 feet in addition to linking a highway with a length of 21 kilometers and a canal to reach the port with a length of 21 nautical miles with a depth of 16.5 meters
