APMT signs 32-year Lazaro concession

Wednesday, August 01, 2012

APM Terminals said Wednesday it has signed a 32-year concession contract with the Port Authority of the Port of Lazaro Cardenas (APILAC) for the design, financing, construction, operation, and maintenance of a new specialized container terminal at the port. The announcement comes seven months after APMT, the global container terminal operator, won a tender at the Mexican port. The first $300 million phase of the terminal is scheduled for completion in 2015. It will in...

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