Algeciras Port and Cádiz Free Zone Advance New Truck Terminal

FTZ News: The Port Authority of the Bay of Algeciras and the Cádiz Free Trade Zone have agreed to develop a new logistics terminal for export trucks about three kilometers from the port.

The Port Authority’s board approved the deal Monday. The Free Zone will sublease three plots totaling 80,266 square meters in the Bahía de Algeciras tax precinct at El Fresno, in Los Barrios. The port authority will spend 5.2 million euros to develop the site. Annual rent is set at 963,000 euros for an initial 30 years.

The terminal, called TTP2EX, is designed to hold 500 trucks. Drivers will be able to park, clear customs and complete the required checks at the facility before proceeding to the port’s loading areas. The Free Zone will also build a second northern access gate.

Officials say the facility should ease truck congestion and improve the flow of export cargo through the port, including traffic serving the route to Tangier Med. The agreement still needs the Free Zone’s executive committee and is expected to be signed in the coming weeks. The site has highway links already in place.