The Maritime and Port Authority of Singapore (MPA) said Wednesday it awarded a project worth SGD $1.46 billion (U.S. $1.1 billion) to Penta Ocean, Hyundai and Boskalis for the second phase of the Tuas Terminal development.
MPA announced in April 2016 that the terminal had entered the first phase of construction and that upon completion of phase one, the deep-water berths at the terminal collectively would be able to handle up to 20 million TEUs a year.
In February 2015, MPA appointed the DIAP-Daelim Joint Venture to carry out the land reclamation and related works for the first phase of the terminal development, with projects including reclaiming 294 hectares of land, dredging the Tuas basin and Temasek Fairway, and constructing the wharf structure.
MPA said Wednesday that the first phase is “well under way” and that the second phase of development will increase the total port capacity by another 21 million TEUs by 2027.
Work under the second phase includes the design and construction of 387 hectares of reclaimed land bounded by 9.1 kilometers of caisson walls.
When fully developed by the 2040s, Tuas Terminal will be able to handle up to up to 65 million TEUs per year.