A loan of USD 30 million will be agreed to finance the Railport Kocaeli, the first private inland terminal to provide intermodal cargo services. The total project cost is estimated at circa USD 86 million.
An innovative business concept in Turkey’s transport sector, the Railport will be located in the Kocaeli province of Turkey, a major industrial hub. It will service industries located within the Ankara, Bilecik, Bolu, Duzce, Eskisehir, Kocaeli and Sakarya regions. The terminal will have an annual capacity of 100,000 twenty-foot equivalent units (TEU) and 500,000 tonnes general cargo after implementation of the Phase 1 of the Railport. This capacity will be realised on a terminal area of 26.5 hectares, with 5,000 square meters of warehouse storage capacity.
The project involves the development of an intermodal hub for freight transport within Turkey and will facilitate freight rail transport within Turkey and between Asia and Europe, as well as among European, Balkan and Central Asian countries.
The client is Railport Terminal Isletmeleri A.S., a special purpose company incorporated in Turkey and owned by Limar Liman ve Gemi Isletmeleri A.S. (66.6%) and Duisburger Hafen
Aktiengesellschaft (Duisport) (33.3%). Limar Liman ve Gemi Isletmeleri A.S. was founded in 1996 and is the port and terminal operator affiliate of Arkas Holding S.A., providing port services to importers and exporters as well as scheduled container lines. Duisport is the owner and managing company of the Port of Duisburg in Germany.
Photo: www.virahaber.com
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