Portugal approves Sines port expansion
The Portuguese government has given its approval for expansion and infrastructure improvement works to be carried out at the country’s first large artificial port in Sines.
The key works under the project are the extension of the quay and its handling equipment and the construction of a new container terminal.
The government is also set to invest €100 million (US$110 million) in the project, which has a total estimated cost of €1.18 billion (US$1.31 billion). The €100 million public investment will also cover the purchase of a new pilot boat for the port.
Once the works are completed, the Port of Sines will be able to accommodate simultaneous berthing of four large containerships as well as handle up to seven million TEUs annually.