Klaipėda Port launches tender for Southern Port area

The Klaipėda State Seaport Authority has launched a tender to select future tenants for a new 100-hectare area in the southern part of the port, in a project worth more than EUR 1 billion.

The aim is to attract strategic investors who will join the Authority from the outset to develop and deliver the project, which is intended for cargo handling and maritime industry activities.

Transport and Communications Minister Juras Taminskas called it the largest expansion of the Port of Klaipėda in the history of independent Lithuania, one that will strengthen competitiveness, generate billions of euros in value for the economy and improve regional security.

The Authority will create 100 hectares of new land, build about 1.3 km of new quays, deepen part of the shipping channel in the southern port area, create a 600-metre-wide turning basin and provide road and rail connections.

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