China CAMC Engineering Signs RMB 644 Million Contract for Puerto Bluff Project in Nicaragua

en.Wedoany.com Reported - China CAMC Engineering Co., Ltd. recently signed a commercial contract with the Ministry of Transport and Infrastructure of Nicaragua for the Puerto Bluff construction project, with a total project value of $94.85 million, equivalent to approximately RMB 644 million. Yan Hailu, Deputy General Manager of CAMC Engineering, and Rosa Casti, Secretary General of the Ministry of Transport and Infrastructure of Nicaragua, formally signed the agreement on behalf of both parties.

Located in the South Caribbean Coast Autonomous Region of Nicaragua, the project is divided into two phases. Phase I primarily involves the construction of a multi-purpose terminal capable of berthing 50,000-ton vessels, along with related supporting facilities. Phase II includes supporting concrete roads, a bridge, and associated transportation facilities and landscaping works. Upon completion, Puerto Bluff will become the first large-scale deep-water port on Nicaragua's Atlantic coast with a 50,000-ton berth, and also the first comprehensive commercial port along the country's Atlantic coastline. This project will break the current reliance on the western Corinto Port for foreign trade, establishing a new "Pacific + Atlantic" dual export gateway pattern, further improving the local comprehensive transportation system, significantly enhancing foreign trade transport capacity, and injecting strong momentum into the high-quality socio-economic development of the region.