APM Terminals (APMT) Suape has officially commenced the construction of Latin America’s first 100 per cent electrified container terminal at the Governador Eraldo Gueiros Industrial Port Complex (Suape) in Pernambuco State, Brazil.
APMT Suape is one of three projects currently being implemented by APMT worldwide, a company with over half a century of experience and presence in 33 countries.
With an initial investment of R$1.6 billion ($275 million), the terminal will accelerate regional development by generating approximately 300 direct jobs and 2,000 indirect jobs.
It will also strengthen Pernambuco’s connection with other international ports and introduce pioneering initiatives in port sustainability.
“Investments like this strengthen the Port of Suape,” said Silvio Costa Filho, Minister of Ports and Airports.
“Our goal is to grow Suape by 5 per cent this year, generating more jobs and income for the people of Pernambuco.”
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“The new terminal will allow the Port of Suape to handle even more cargo, ensuring new business opportunities for Pernambuco and the potential for increased exports,” added Pernambuco Governor Raquel Lyra.
“Suape, already in a prime location and one of the largest public ports in the country, will gain more competitiveness, enhancing its leadership in the Northeast.
“This significant investment will create direct and indirect jobs and contribute to the state’s development. It aligns with other initiatives aimed at improving the quality of life for our people.”
Earlier this month, APMT announced Peter Wikström as its new Chief Financial Officer (CFO).
