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Noatum Container Terminal Bilbao, the company that holds the concession to operate the container terminal at the Port of Bilbao, has obtained a 12-year extension of its lease with the commitment to invest 34 million euros in the 2016-2036 period.
Of the 34 million euros committed, about 10 million will be invested in the 2016-2018 period, 6 of which will be used to acquire yard cranes and a railway crane.
The other four million will be spent on the installation of automatic gates and access for truck traffic, and the subsequent extension of four existing railway lines from the current 450 metres up to 550 metres.
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