Bolloré Ports awarded for Timor Leste port project

On March 28th, during the IJGlobal Awards ceremony, the future deep-water port in Tibar Bay in Timor Leste was awarded the Best Public-Private Partnership in Asia-Pacific. Begun in August 2018, the work includes the construction of a 630m wharf with a 15m draught. The commissioning of this new infrastructure, able to operate 7,500 TEUs container ships, is scheduled for 2021. A total of $ 490 million (about € 436 million) will be invested over a 30-year period in this project.