Deepwater port operational in Timor-Leste
Tibar Bay Deepwater Port, a new port that will improve logistics services in Timor-Leste and develop into a regional transhipment hub, was officially inaugurated recently. The first public-private partnership in the country is in line with current developments in the maritime and port industries in the Asia-Pacific region.
The gateway, located 12 km from Dili, the capital of Timor-Leste, saw USD 490 million invested in the four years it took to build it. It has a 630 m quay with a 16 m draught, and is equipped with the latest generation of handling equipment, including two STS gantries and four e-RTG gantries.
In its first phase the port will be able to welcome 7,500 teu vessels and handle more than 200,000 teu a year. (sh)