This SEK 845m (¢77.3m) contract includes three new terminals and aims to completely transform the port as it stands at present.
Due to become operational in 2011, the new port facility is expected to move the majority of freight traffic out of the inner city. The intention is to create the ideal conditions for the transfer of goods between the different forms of transport: ships, trucks and trains.
The joint project involves the City of Malmö, which owns the land in Norra Hamnen, and the port operative, Copenhagen Malmö Port (CMP). Interestingly, the earmarked area is the result of landfill, including earth from the recent city tunnel project.
The new port development will also have a number of other positive side effects. Relocation of the container terminal to Norra Hamnen will make available 140,000 m² in Frihamnen for use by companies that distribute new cars in the Baltic Sea region and need loading space. Further, the project will free up ferry berths in Nyhamnen, making more space for cruise ships coming into the city.