GDANSK
The DCT deepwater container terminal planned for Gdansk Poland has secured funding from private investors led by Macquarie Banks Global Infrastructure Fund with DVB Bank involvement.
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation.
UK-based DCT won the contract to develop the first phase of the _190m facility, which will be the largest of its kind in Poland, in 2003.
Work has already begun to clear the working area of trees and WW2 ordnance, DCT said, and a dredging programme would begin next month. The port is expected to be operational from early 2008.
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