Dubai to help modernise Romania’s Constanta port with new terminal

Dubai to help modernise Romania’s Constanta port with new terminal

In a move that will further boost UAE-Romania bilateral relations and expand cooperation in trade and investment between the two countries, the Romanian government has signed an agreement with Dubai’s Ports, Customs and Free Zone Corporation (PCFC) and DP World to develop new infrastructure at the Port of Constanta. The agreement will help modernise and turn the Port of Constanta into one of the Black Sea’s most important cargo and vehicle hubs. Romania’s Ministry of Transport and Infrastructure aims to develop a new roll-on/roll-off (RO-RO) terminal to boost cargo vessel traffic at the Port of Constanta, which has become a key gateway for trade into eastern Europe. This will require significant investment and improved procedures to speed up the transit of RO-RO units through the port. Under the agreement, PCFC will work with DP World, a leading provider of global end-to-end supply chain logistics solutions, to modernise and develop the infrastructure on Pier II-S at the port. DP World operates a state-of-the-art 1.5 million TEU/year Constanta South Container Terminal (CTST), the largest container terminal on the Black Sea. DP World’s concession contract to operate CTST runs until 2049. DP World provides a full rail coordination service with three rail lines,