The SE Klaipeda State Seaport Authority has awarded its development contract for the Kalipeda Seaport to Moffat & Nichol following an international procurement procedure.
In a statement, the Seaport Authority said Moffat & Nichol had “decades of experience” developing ports across the world and will prepare the terms of references for the project and provide consulting services on the environmental impact.
The project will see approximately 70 hectares at the Southern part of the Port developed, with the final result being a continuous quay line that stretches 1300 metres, an entrance channel of 200 metres in length and 600 metres wide.
The price of the development will be approximately $169 million (€139,150,000). The terms of reference will be completed within the next seven months from 25 February.
Algis Latakas, director general of Klaipeda State Seaport Authority, said, “”One of the challenges presently facing Klaipeda Port is the deficiency of the territories.
“Therefore the development of new zones – in this case the Southern part of the Port – will help the Port to remain competitive, to react efficiently to market changes and to attract the investors.
“The potential of the new territory encompass not only the cargo handling and warehousing services that are typical to all seaports – manufacturing and service providing activities generating the high added value for the Seaport and the entire country, should be developed.
“The signing of this contract with the extremely experienced international company is the very significant step forward.”