Situated along the Mediterranean coast, just 60 kilometers west of the capital Alger, the port will be equipped with 23 quay berths with an overall quay length of 6,320 meters, giving it an annual handling capacity of 6.3 million TEUs and 25.7 million tons of bulk.
Total investment for the port is $3.5 billion.
In March 2016, the creation of the consortium company to build the port is expected to finalize, with the approval from the Council of State Shareholdings and the signature of its shareholding pact, China’s state news agency Xinhua said. The project is expected to gradually be put into operation within four years and fully completed within seven years, Xinhua said.
The Chinese side will hold 49 percent of shares in the operation, CSCEC said.
“The port will become the largest one in Algeria and the main entrepot along the coast of the Mediterranean Sea upon its completion,” CSCEC said.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now