Profil:
Budimex SABudimex builder completes construction of T3 Baltic Hub container terminal
Listed builder Budimex has completed a significant part of the construction work on the T3 Baltic Hub terminal in the Port of Gdansk, which has enabled the commercial launch of part of the terminal and the start of operations for the largest container ships at the new quay, the company announced in a press release.
The T3 terminal is the result of Budimex's cooperation in a consortium with DEME Dredging on behalf of Baltic Hub.
The project included the creation of an artificial island, dredging of the seabed, construction of a 717-metre-long and 17.5-metre-deep deep-water quay, and the creation of a 36-hectare container yard. The entire project was built on water, as an extension of the existing T1 and T2 terminal structures.
As previously reported, the value of the investment is approximately EUR 470 million.
One of the investors in Baltic Hub is the Polish Development Fund (PFR), which holds a 30 percent stake in the terminal.
doa/ nl/