The following release was published by APM Terminals:
The General Directorate of Environmental Affairs (DGAAM) of the Ministry of Transport and Communications (MTC) has approved the approach to environmental management at APM Terminals Callao.
This means that APM Terminals has environmental authorisation to start Stage 3ª development Works at the Multipurpose North Terminal. Works include the construction of a battery of vertical silos for free-flowing clean grains with a capacity of 60,000 tons, two continuous grain unloaders, 2.13 hectares of paving and significant improvements to the access gate for general cargo. This milestone allows APM Terminals Callao, together with the approval of the technical file by the National Port Authority (APN), to proceed with the redesign of the northern terminal.
Although it is contractually foreseen that the investments corresponding to these works will amount to US$ 69 million, APM Terminals Callao and its shareholders will increase the amount to US$ 95 million at this stage. In this way, the company reinforces its commitment to the development of the port sector and infrastructure for the Benefit of the country and all Peruvians.
"APM Terminals 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," said Lars Vang Christensen, CEO of APM Terminals Callao.
Source: APM Terminals