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Saturday, March 19, 2011

Dubai World Ports unveils US$50M expansion in Dominican Republic

President Leonel Fernandez today headed the ribbon cutting for the second stage of the Caucedo Multimodal Port, built at a cost of more than US$50 million.

The port’s second phase adds an additional linear 300 meters of pier, which its managers say will increase its capacity to handle containers by 25 percent. It features a depth of 41 feet, two additional broad yield mobile cranes in additional to yard 6 cranes and other auxiliary equipment.

The facility’s operator Dubai World Ports, which manages 49 terminals around the world and increased its operations 23 percent in 2009, compared to 2008.

In terminal received more than 1,300 cargo ships in 2010, handling more than one million containers

The First lady Margarita CedeƱo Daisy and DP World Ports Council president Amhed bin Sulayem accompanied Fernandez.

Source: Dominican Today

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