Port offers incentives for Iraq-bound cargoby Edward Attwood on Apr 15, 2009
In a clear reference to the future importance of Iraq as a major importer/exporter of goods through Jordan’s only sea hub, the Aqaba Container Terminal (ACT) is offering shippers a discount on stevedoring charges for transit cargo bound for Iraq.
In addition, a number of developments are taking place at to meet the growing demand recently witnessed at the facility.
ACT has signed a contract for two new Ship-To-Shore gantry cranes, which will be operational by first-quarter 2010, as well as investing in six Rubber-Tyred Gantries, which should be ready by the end of June this year. The moves have been made in order to optimise yard capacity and improve truck turnaround times at the terminal.
'The recent investments are earmarked to strengthen the status of the container terminal by enriching its capabilities to provide services around the clock, maintain high performance standards, and apply international best practices of successful port facilities,” said Imad Fakhoury, CEO of the Aqaba Development Corporation and chairman of ACT.
“The investment also shows our belief in the future and ACT's commitment to the Jordanian transportation sector. This investment is part of 2008-2012 ACT Business Plan and expansion programme that will expand and enhance Aqaba's multi-modal positioning as the logistical and trade gateway of choice for the Levant region,” Fakhoury added.
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