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2009 December 16   09:26

Investors show interest in Tallinn’s container terminal

Financial investors' interest in the expansion of the container terminal at Estonia's main merchant port of Muuga has become more intense towards the end of the year, according to the chairman of the state-owned port company Tallinna Sadam's supervisory board, Baltic News Service reported.
"It's a positive development that next to cargo owners and carriers a financial investor has emerged. Consequently, the project has potential," Neinar Seli said.
In the first quarter of the next year a three-way meeting will take place with the participation of representatives of the Chinese port of Ningbo, the entrepreneur Anatoli Kanajev's company Muuga CT and Tallinna Sadam, Seli said.
The port company hopes to have binding agreements with operators and partners in place by the end of the first quarter of 2010, he added.
Tallinna Sadam's PR manager Sven Ratassepp has earlier said that the Chinese side's interest in the expansion of the Muuga container terminal is not flagging.

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