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Puerto Cabezas

Sector: Water Supply and Storage • Location: Nicaragua

Source: World Bank Group

Project
Active

Delasa, a subsidiary of Olympus Venture Capital, won the contract for the Cabezas port in Oct. 2000. The company will rehabilitate and operate the port facilities under a 25-year lease contract. During the period, around US$ 200 million will be invested in improving the port installations through a three-phase plan. Around US$ 104 million will be directed to the reconstruction of the dock and tra

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The project “Puerto Cabezas” is an infrastructure initiative in the Water Supply and Storage sector, located in Nicaragua. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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active

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Description

Description

Delasa, a subsidiary of Olympus Venture Capital, won the contract for the Cabezas port in Oct. 2000. The company will rehabilitate and operate the port facilities under a 25-year lease contract. During the period, around US$ 200 million will be invested in improving the port installations through a three-phase plan. Around US$ 104 million will be directed to the reconstruction of the dock and transit warehouse during the first phase of the development plan. The remaining cost will be directed to phases 2 and 3, in which the sponsor will construct a free trade zone, an electrical plant, an access canal and new concrete piers to accommodate containers, bulk and liquid cargo. Implementation of phases 2 and 3 depends on the success of phase 1. None None

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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