APM Terminals strengthens partnership in Turkey
A.P. Moller-Maersk Executive Board Member Kim Fejfer will meet with Turkish Prime Minister Recep Tayyip Erdoğan this afternoon, in connection with a state visit to the Danish capital by the Turkish Prime Minister and as the next step in the company’s partnership on Turkish infrastructure, the Company press release said.
The formal agreement for the development of the Aegean Gateway Terminal project at Turkey’s Port of Izmir, signed on February 22nd, will be a reaffirmed in a brief ceremony attended by Prime Minister Erdoğan and Danish Prime Minister Helle Thorning-Schmidt, as well as the CEO of SOCAR Turkey Enerji A.S., Kenan Yavuz, Director of Business Development and Investments for SOCAR Turkey, Aykut Tanir and Petlim Project Director, Dogan Cirakoglu.
Petkim, a subsidiary of SOCAR Turkey Enerji A.S., the State Oil Company of Azerbaijan, is the owner of the port, and through its port subsidiary, Petlim, is APM Terminals’ direct partner in the 1.5 million TEU annual capacity deep-water terminal project, scheduled to open in 2015.
“Under the leadership of Prime Minister Erdoğan, Turkey is creating new opportunities as a high-growth market at a key geographic crossroads for global trade” noted Mr. Fejfer, adding “and through our new partnership with Petkim, we will be able to bring our expertise in port development and operations to be a part of this exciting new period of transformation and growth for the people of Turkey”.
The Aegean Gateway Terminal will be constructed within the Petkim petrochemical complex in Nemrut Bay, near the Port of Izmir on the Aegean Sea. Izmir is the second largest city and industrial center in Turkey.
APM Terminals’ Global Terminal Network of ports and inland services provide the infrastructure for the growth of international trade, 90% of which travels by sea. International commerce is an economic growth engine, creating jobs, lifting economies and improving people’s lives around the world. With world headquarters in The Hague, Netherlands, the company’s core expertise is the design, construction, management and operation of ports, terminals and inland services, operating a Global Terminal Network of 25,000 employees in 68 countries including interests in 70 port and terminal facilities and over 170 Inland Services operations.
