ICTSI Basra open for business

International Container Terminal Services Inc. (ICTSI) has opened the first phase of its new greenfield terminal development.

Formal opening of the BGT expansion area, the first entirely foreign financed new port infrastructure in Iraq

The facility is at its Basra Gateway Terminal (BGT) in the North Port, Umm Qasr, Iraq. It marks the successful implementation of the first entirely foreign financed development of new port infrastructure in Iraq.

Enrique K Razon Jr, ICTSI chairman and president, said: “This represents a milestone in the development of Iraq’s shipping infrastructure. ICTSI’s commitment to Iraq is evidenced in major investments in the upgrade of existing berths 19, 20 and the construction of the new terminal incorporating Berth 27.”

He added: “Modern and reliable infrastructure, equipped with state-of-the-art quayside and landside handling systems is critical for sustainable economic growth.”

“We are confident the new terminal area will boost efficiency and speed the movement of import and export cargo supporting the rapid growth in Iraq’s economy.”

Mr Razon formally cut the ribbon to symbolise the opening of the terminal on October 12, 2016. Afterwards the first container was lifted by one of the two new ship-to-shore cranes installed at the terminal.

When fully developed, the new terminal area will comprise 600 meters of quay and 50 hectares of yard area. Total investment for the first phase development is US$130m.

In addition to the acquisition of new equipment and IT systems BGT has invested heavily in the training of its workforce, drawn largely from the local community.

Hans-Ole Madsen, senior vice president of Europe, Middle East and Africa, concluded: “BGT is set to consolidate and expand its position as Iraq’s premier multi-purpose container terminal.”

“With the investment in modern infrastructure, handling systems and supporting IT systems as well as extensive staff training, BGT will progressively raise the bar in container and general cargo handling operations in Iraq.”

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