Thursday 4 December 08 - 00:34
 

News Snips

Maasvlakte 2 Funding

The Port of Rotterdam Authority has secured three large bank loans totalling €1.8bn for its major port expansion project, Massvlakte 2.
The European Investment Bank is lending half of the total mount. Work on the 2,000 hectare port and industrial complex will start in the autumn, with the first terminals due to become operational in 2013. The total construction cost of Maasvlakte 2 is estimated to come in at some €3bn.
MTU IRONMEN