5/20/2010

Celebi Holding to invest USD 20 million in Bandirma Port

 

Bugun - Turkey’s second largest port on the Sea of Marmara has a new operator. Celebi Group has formally acquired the Bandirma Port with a pledge to invest USD 20 million in five years. The group has won the operating rights of the Bandirma Port for 39 years at a cost of USD 175.5 million.

 

Celebi Holding’s Board Member Ugur Dogan said they will invest USD 20 million in the facility to increase the bulk cargo capacity from the current level of 7.5 million tons per annum to 11 million tons per annum in four years.

Bandirma port; Marmara; Balikesir; infrastructure; investment; cargo capacity

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