Valencia planning 5m teu terminal

Investment in the project is expected to be around EUR1000-1200bn and is anticipate to take around six or seven years to build, with approval already granted by the board of directors of the Port Authority of Valencia (PAV).

In the plan for the project, the port authority said it will aim to “exploit the strengths of Valencia as an import/export and transit port with a capacity of around 5 million TEUs, complementing the existing terminals’ capacity to accommodate the expected container traffic at the port of Valencia by 2050.”

It aims to be able to service the largest ships in the future, which can carry up to 24,000 TEUs each.

The new project will also be linked to a new access tunnel underground below the sea.

The port currently three terminals. Noatum with almost a 1.5msqm, MSC terminal Valencia with more than 300,000sqm and terminal APM with half a million sqm.