The bid submitted by Global Ports Holding Plc (GPH), an indirect subsidiary of Global Investment Holdings Inc., for the concession tender to operate the cruise operations of Tarragona Port in Spain for 12 years (with 6 years extension option), has been selected as the “best offer”.
The following statement was made to the Public Disclosure Platform (KAP):
“In the third quarter of 2021, an investment of 30 million euros in Tarragona Cruise Port infrastructure has been completed. This investment program includes the new pier where the world’s largest cruise ships can dock. With the said investment, the number of piers doubled and increased to 4. Therefore, the port can serve up to four ships at the same time after this investment. Within the scope of the said investment, in addition to the expansion of the general cruise areas, the port authority has also invested in energy regulation in a way that will reduce carbon emissions significantly. Under the terms of the agreement, GPH plans to invest up to 5.5 million euros in the construction of a new state-of-the-art modular terminal building that will provide the port with a sustainable solar power supply. While the new terminal building will improve passengers’ port experiences, new parking areas will contribute to the port’s transportation infrastructure, and the modular design will provide as much flexibility as possible to adapt to future needs.
The Tarragona Cruise Port hosted approximately 130 thousand passengers in the situation before the pier was expanded in 2019. The Tarragona Cruise Port is less than an hour away from Barcelona airport, and the aforementioned completed investment and planned new terminal is expected to significantly increase the attractiveness of the port for ‘homeport’ operations in the region. With Tarragona’s inclusion in GPH’s port network, the number of ports operated and managed by GPH will increase to 23 if all the ongoing and previously announced concession agreement processes are completed”