In a recent environmental victory, APM Terminals Callao has gained approval from the General Directorate of Environmental Affairs (DGAAM) of the Ministry of Transportation and Communications (MTC) of Peru for its approach to environmental management. This approval marks the beginning of the third phase of development works at the Northern Multipurpose Terminal. Let’s delve into how this milestone not only propels the expansion of the terminal but also underscores APM Terminals’ commitment to sustainable port practices.
The approved phase involves the construction of a battery of vertical silos for free-flowing clean grains with a capacity of 60,000 tons, two continuous grain unloaders, paving of 2.13 hectares, and significant improvements to the general cargo access gate. The approval, along with the endorsement of the technical file by the National Port Authority (APN), paves the way for the reform of the northern terminal.
This progress is not confined to a contractual investment of $69 million, as APM Terminals Callao and its shareholders have decided to increase the investment to $95 million in this stage. Lars Vang Christensen, CEO of APM Terminals Callao, expressed satisfaction with the approval, emphasizing the commitment to closing infrastructure gaps in the country.
In conclusion, the approval of APM Terminals Callao’s environmental approach represents a significant step not only for the expansion of the terminal but also for commitment to sustainable port practices. This project will benefit the port industry and will contribute to closing critical infrastructure gaps in the country. APM Terminals Callao thus demonstrates its dedication to innovation and sustainable development in port management.
Source: Adapted from the news article “APM Terminals Callao receives green light to start development works.