Marseilles Fos gets loan for terminal expansion
The port of Marseille Fos said it has obtained 100 million euros ($125 million) in financing from Banque Europeenne d’Investissement.
The money will be used to fund Fos 2XL, a project to create two new terminals that will come on stream in 2010 and boost the port’s container capacity from 1 million TEUs per year to 2.5 million TEUs.
Marseilles Fos gets loan for terminal expansion