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Investment

24 October 2019 Digital

Mombassa to Undertake Major Berth Modernization

The Kenya Ports Authority (KPA) will spend approximately US$193 million to modernize four berths at the Port of Mombasa to handle both container cargo and goods not packed in containers, according to Reuters, which quotes the KPA’s Managing Director.

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15 August 2019 Digital

Montreal Announces Grand New Funding Plan

The Port of Montreal has announced an investment of approximately US$27.7 million, to be split 50/50 between itself and the Canadian government, in the latest round of funding to be injected into the country’s maritime, transport and logistics sector.

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5 August 2019 Digital

South Korea Unveils Huge Maritime Reboot

South Korea has unveiled its plan to invest USD $35.2 billion by 2040 to enhance the country's cargo-handling capacity at twelve ports across the country, according to national outlet Yonhap News.

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29 July 2019 Digital

Canada Launches Fresh Port Investment

The Canadian government has announced an investment of approximately US$35 million for the Port of Nanaimo to make significant infrastructure improvements and expansions at its Duke Point facilities. According to a statement, the investment was announced by Marc Garneau, Canada’s Minister of Transport, following months of work with the Port of Nanaimo team, which included […]

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