The total contract value amounts to US$460m (£288m), which is split between Van Oord and BAM International on an almost equal basis. It will take approximately three years to complete the project.
The consortium will be responsible for the construction of the new terminal and marine access. The scope of work for Van Oord consists of the construction of a 1.5km rock breakwater, reclamation of an area of 40ha, soil improvement works and the dredging of an access channel and turning basin. Van Oord will deploy a trailing suction hopper dredger, a cutter suction dredger and rock installation equipment.
BAM International will construct the 650m quay wall, as well as the pavement, associated buildings and all utilities.
In 2011 APM Terminals signed a US$992m 33-year concession contract with the Costa Rican government to design, finance, construct, operate and maintain the new Moín Container Terminal on the Caribbean coast.