QTerminals announced that it has received approval to design, develop and operate Phase II (Container Terminal 2) of Hamad Port. The project will be launched in the beginning of 2019 as stated by the Qatar’s Minister of Transport and Communications.
QTerminals is a terminal operating company which has received an approval to design, develop and operate Phase II of Hamad Port. This will also include the development of the second container terminal at the port.
Earlier this month, Jassim bin Saif Al Sulaiti, Qatari Minister of Transport and Communications gave further information about the project while signing the Memorandum of Understanding between Qterminals and China Harbour Engineering Company.
QTerminals is the newly-established operator of the first phase of Hamad Port. The latter signed an MoU with China Harbour Engineering Company aiming to create joint chances of employment and investments between both sides.
Under the MoU, which serves the objectives of China’s One Belt, One Road initiative and the Qatar National Vision 2030, the parties would identify and invest in potential maritime investment opportunities around the world.