project, being developed under the auspices of the Board of Port Administration and Economic Development of Costa Rica’s Atlantic Coast (JAPDEVA). The environmental license was issued on Thursday, December 18, and is valid for the life of the project. The construction start order was issued the same day by the Costa Rica’s National Concession Council and states that construction must start within 30 days of January 19, 2015.
The first phase of development, originally scheduled for completion in 2016, calls for the access channel and turning‐basin to be dredged to 16 meters, a new 1.5 km breakwater to be constructed with a 40 hectare container yard, 600 meters of quay and 2 berths equipped with 6 post‐Panamax cranes. Upon the completion of the final phase, the terminal will have an area of 80 hectares, with 1500 meters of quay, 5 berths, a 2.2 km breakwater and an access channel 18 meters deep, serving as a shipping hub for the Caribbean and Central America.
The TCM project represents an overall investment of approximately USD 1 billion. “APM Terminals is well aware of Costa Rica´s dedication to environmental protection, and consistent with our own corporate sustainability standards, we have complied with, or exceeded all environmental requirements, mindful of the local community in Limon and the people of Costa Rica” said APM Terminals Costa Rica Managing Director Captain Paul J. Gallie. Back in 2012, Costa Rica’s Comptroller General Office gave a final endorsement to APM Terminals Moin Container Terminal project, granting the Maersk Group’s subsidiary a 33-year concession for the design, financing, construction, operation and maintenance of the facility.
The Japdeva Workers’ Union (Sintrajap) strongly opposed this decision, taking the case to the country’s Supreme Court, which ruled in favor of APM terminals and Costa Rican Government back in October 2014.
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