RINA to certify major Caspian port and logistics hub developmentNews // April 1, 2015
RINA Services has been awarded a contract to provide design review and third party certification services for a major port and logistics hub development at Turkmenbashi, on the Caspian Sea coast of Turkmenistan.
The US$1.5 billion Turkmenbashi International Port is being built by one of the leading Turkish construction companies, Gap Insaat Yatırım ve Dış Ticaret AŞ.
The port complex is due for completion in 2017 and will include four terminals, road and rail links, and a ship-repair yard. Freight throughput is expected to reach 25 million tonnes by 2020.
Michele Francioni, CEO, RINA Services, says, RINA has been chosen for the project design review and construction monitoring and certification because we can bring together maritime, construction, infrastructure and project-management skills. RINA has a strong footprint in Turkmenistan, which is a growing and important trading nation in a key geo-strategic location. All parties respect our independence. We will provide our services to ensure the project is delivered on specification, making it a powerful economic generator in the Caspian region and a key link in the Silk Route.
A major pipeline is already being built to link Turkmenistans Galkynysh gas field, the world's second-largest natural gas deposit, to Turkmenbashi. The port complex will export oil and gas products and facilitate trade between Europe and the Middle East and Asia.