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MEB Port

Sector: Seaport • Location: Colombia

Source: International Finance Corporation (IFC)

Project
Completed

In 1992 Terminal Marítimo Muelles el Bosque S.A. (MEB) began executing a 20-year concession (extended in 2005 for another 20 years until 2032) to develop and manage a new multipurpose port in the Bay of Cartagena, on Colombia’s Atlantic coast. Muelles el Bosque Operadores Portuarios S.A. (MBO and together with MEB the company), a sister company to MEB, is the operator of the port facility. The po

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The project “MEB Port” is an infrastructure initiative in the Seaport sector, located in Colombia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

In 1992 Terminal Marítimo Muelles el Bosque S.A. (MEB) began executing a 20-year concession (extended in 2005 for another 20 years until 2032) to develop and manage a new multipurpose port in the Bay of Cartagena, on Colombia’s Atlantic coast. Muelles el Bosque Operadores Portuarios S.A. (MBO and together with MEB the company), a sister company to MEB, is the operator of the port facility. The port occupies and area of 13 hectares and is the second largest in the city of Cartagena and the fifth largest in Colombia. In 2006 it received 438 ships and handled 46,278 containers, 253,179 tons of general cargo, 412,714 tons of grains and 52,760 tons of coke (fuel). The Port is located in an industrial and commercial zone next to the residential area of El Bosque. The proposed project includes:- the extension of the south container terminal berth by 180 meters;- the expansion of the container yard by 3.2 hectares and the paving of the existing container yard;- the acquisition of an additional mobile crane and other container yard equipment;- the extension of the north berth by 50 meters; - the building of two additional warehouses/silos;- purchase of land to increase container storage space; and - the upgrade of the port’s IT systems.

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Source reliability

High

Data quality score

100%

Source

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URL

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