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East Med Hub 2 Project (Phase 1)
port
Cities
Mersin
Turkey
Cost
$455m
$455,000,000
Phases
operational, 2026
Objective
This project is designed to increase the port's annual capacity from 2.6 million TEUs to 3.6 million TEUs and is expected to be fully completed by early 2026Description
The expansion aims to position the port as a leading, highly efficient logistics hub in the Eastern Mediterranean, with advanced automated systems expected to double productivity.Capacities
3500000
TEUs
Container
Per Year
Finance
$50000000 loan
European Bank for Reconstruction and Development
Development bank
$ investment
IFM Investors
Company
$ investment
PSA International
Company
$ investment
Akfen Holding
Company
Operators
Mersin International Port (MIP)
Company
Contractors
Mersin International Port (MIP)
Company