Luka Koper Extension Project Approved
Luka Koper has received from the Slovenian Ministry of the environment the official notice that the building permit for the extension of the container terminal quayside is finally legally valid.
The building permit was issued for the construction of the quayside 98.5 meters long and 34.4 meters wide and for the construction of a hinterland area (total size 24.830 m2), reported the port.
By the time the building permit has become valid, the port already published the public procurement for the selection of the contractor who will install test drilling pilots, which will carry the upper structure of the quayside. Afterwards, a period of monitoring will follow and actual construction works are expected to start in May 2019.
The whole investment is expected to be completed in the beginning of 2021. In accordance with the business strategy the terminal will be at that time able to handle at least 1.3 million TEUs annually.
The extension of Pier I is a key project for Luka Koper, which includes also the acquisition of new port equipment. The total value of the investment is €235 million, part of this amount was already spent for past projects, such as dredging, rail tracks construction and cranes.