DCT Gdańsk gets financing from EBRD

The European Bank for Reconstruction and Development has announced it would provide some €31 million to marine container terminal DCT Gdańsk fro the construction of a second deep-water berth and the refinancing of existing debt, the EBRD said in a press release on Friday. The company will get loans totaling €290 million for the investment, including financing provided by commercial banks. “We are approaching the completion of the project’s initial phase which directly precedes the construction works. The decision to develop the existing DCT Gdansk container terminal is a result of the growing need for more efficient and economic transport solutions in the Baltic region, able to compete effectively with the services of  European container ports,” said DCT Gdansk CEO Maciek Kwiatkowski.