Costa Rica's national concessions council (CNC) has opened the economic bid presented by Dutch firm APM Terminals to build a US$950mn container terminal in eastern Limon province, according to the presidential website.
The port project will generate 10-15bn colones (US$20-30mn) annually for the Atlantic coast port, said presidential minister Marco Vargas.
The economic offer includes a port tariff that falls below the reference price approved by the public utilities regulator (Aresep). CNC will study the bid and present the results of its analysis by end-January.
The new terminal - included in a government master plan to modernize Costa Rica's port infrastructure over the next 35 years - will be developed 10km from the existing Moin and Limon port terminals and involves a construction area of 1,500m2. It will have the capacity to handle Panamax vessels carrying cargo of up to 65,000t, BNamericas reported previously.
APM Terminals is an integrated global terminal network of 50 operating container facilities in 34 countries. In 2009, APM handled 31mn TEUs and registered revenue of US$3.02bn, according to the firm's website.