The Transport Ministry of Cyprus has chosen two consortiums led by EuroGate International and DP World to run Limassol port’s container terminal and operate its multipurpose terminal respectively.
The box terminal is to be run jointly by Germany’s EuroGate International, Cyprus’s Interorient Navigation Company and Luxembourg-based East Med Holdings. China’s Cosco expressed interest in the tender but did not make it to the shortlist.
The second consortium, comprised of DP World, its subsidiary P&O Maritime and Cyprus’ GAP Vassilopoulos, will operate the port’s multipurpose terminal.
DP World and its partner GAP Vassilopoulos also won the tender to provide marine services at the port.
“We are very satisfied by the process conducted and the end result,” said Marios Demetriades, Cyprus’ minister of transport, communications and works.
Fourteen offers were received in a tender for the commercialisation of Cyprus’ Limassol Port. Six offers were received for the port’s container terminal, three for marine services and five for the multipurpose terminal, Cyprus’ Ministry of Transport said previously.