First phase of mega Singapore port project on track for 2021 launch

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First phase of mega Singapore port project on track for 2021 launch. YahooFinance

SINGAPORE, April 23 - Singapore on Tuesday said its plans to build the world's biggest container terminal in a single location were on track, as it held a ceremony to mark a milestone in the initial construction phase of the mega-project.

Once completed, the terminal is slated to become the world's largest container terminal in a single location, said Quah Ley Hoon, chief executive of the Maritime and Port Authority of Singapore. The ports authority said the first of four construction phases - which alone covers an area equivalent to 383 football fields - is on schedule to be completed in 2021.

 

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