Asya Port (Construction)

Asya Port (PPP)

Locations

Type

Seaport

Status

Completed

Total Reported Cost

415.0 million USD

Initiatives

Start Date

2013

Start of Construction

Planned Completion Date

July 08 2015

Contractors

Consultants

Implementers

Operators

Funders

Source(s) Amount
92,000,000 USD
107,000,000 USD
69,000,000 USD

Description

AsyaPort, located on the Sea of Marmara, will be able to handle mega-vessels with capacities up to 18,000 TEUs. The port will receive cargo which will then be transported by smaller vessels to the major Black Sea ports. This will not only reduce transportation costs and increase efficiency, but it will also improve the safety of operations on the congested Bosporus.

Asya Port is operated by AsyaPort Liman A.S., a joint venture between Global Terminal Limited, part of the Mediterranean Shipping Company (MSC) group, and the Turkish Soyuer family.