The Ministry of Transport and Communications’ (MTC) General Directorate of Environmental Affairs (DGAAM) has approved the environmental management strategy at APM Terminals (APMT) Callao.
Therefore, APMT has received environmental clearance to begin Stage 3 development work at the Multipurpose North Terminal.
The works comprise the building of a 60,000-tonne capacity battery of vertical silos for free-flowing clean grains, two continuous grain unloaders, 2.13 hectares of asphalt, and considerable modifications to the general freight access gate.
With the clearance of the technical file by the National Port Authority (APN), APMT Callao may now proceed with the redesign of the northern terminal.
Although the contractually required investment for these works is $69 million, APMT Callao and its owners will reportedly boost the amount to $95 million at this point.
Lars Vang Christensen, CEO of APM Terminals Callao, said: “APMT Callao and our shareholders have received with satisfaction approval, from the Ministry of Transport and Communications, of the environmental approach necessary for the execution of this great port investment. This will enable us to close infrastructure gaps in the country.”