Tag: investment

Noatum expands in Valencia with EUR 26.5 mln investment

Noatum Valencia

Following the recently announced extension of Noatum’s container terminal concession in Valencia, there comes the news of the company’s intention to invest EUR 26.5 mln into the terminal’s expansion, writes the Spanish daily Las Provincias. In late July, the Port Authority of Valencia (APV, La Autoridad Portuaria de Valencia) announced in the State’s Official Bulletin […]

Indonesia plans to become a transshipment hub, seeks investors

Java Integrated Industrial Ports Estate

Indonesia strives to challenge Singapore’s dominance in the region with a number of own port projects, aiming to become a new global transhipment hub on China’s maritime Silk Road, writes Nikkei Asian Review. After taking office in October 2014, Indonesian President Joko Widodo endorsed the five-year plan worth 700 trillion rupiah (USD 50.6 bln) to develop the maritime […]

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