Tuas Next-Generation Port Phase 2 Kicks Off
- Business & Finance
Phase two of the Tuas Next-Generation Port project was officially inaugurated today with the installation of the first caisson for the new terminal.
The Maritime and Port Authority of Singapore (MPA) will develop Tuas Next-Generation Port in four phases.
MPA awarded the Tuas Terminal Phase 2 project to Penta-Ocean Construction Co. Ltd/Hyundai Engineering & Construction Co. Ltd/Boskalis International BV (PHB) Joint Venture in 2018.
According to MPA, this is the largest of the four phases to be reclaimed at 387 hectares. The 8.6 km wharf structure will be constructed with 227 caissons that will be fabricated on site.
When fully operational, Tuas Terminal Phase 2 will add a capacity of 21 million twenty-foot equivalent unit (TEUs).
All container operations in Singapore will be consolidated at Tuas Terminal by the 2040s.
When fully completed, Tuas Terminal will be able to handle up to 65 million TEUs annually.