The Portuguese government will launch an international public tender for the concession of the Vasco da Gama port terminal in Sines, said the Minister of the Sea Ana Paula Vitorino at the end of a Council of Ministers meeting on Thursday.
The minister also said that the investment, which is totally private and estimated at 624 million euros, will increase the port’s handling capacity on the south Atlantic coast of Portugal to 3 million TEU (20-foot equivalent units).
“The new dock will allow the simultaneous mooring of three container ships,” added Vitorino.
The Council of Ministers also approved amendments to the bases of the concession for Terminal XXI’s public service exploration, also at the port of Sines, allowing it to accommodate between three or four ships at a single time.
The investment will be 547 million euros and will be supported by the current concession holder PSA Sines – Terminais de Contentores, a subsidiary of the Port of Singapore Authority, allowing capacity to increase from 2.7 million to over 4 million TEU.
The minister said that with these two projects, “the port of Sines will have a container handling capacity of over 7 million TEU, in line with the international ports it directly competes with, such as those in North Africa (Morocco), in Spain and northern Europe.” (Macauhub)