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The shorter sailing times from China to Rijeka, compared with China to Rotterdam or China to Hamburg, Links of London the Croatian port a viable alternative to the more established northern European ports. The construction of the new terminal is part of a wider push to increase Rijeka's competitiveness through port modernisation and expansion. The USmn Rijeka Gateway Project, funded by a World Bank loan and due to be completed in December , aims to construct a new wharf and a multipurpose terminal, as well as a road to link the port with the Rijeka roundabout. The Rijeka Gateway Project Links of London Back to School Chubby Blue Pencil Charm, also funded by a World Bank loan, includes plans to build a mlong terminal with an annual capacity of ,TEUs. Once this improved infrastructure is in place, BMI believes Rijeka will become an attractive option to shipping lines. Rijeka suffered doubledigit falls in cargo volumes and container throughput in . Although the worst of the recession in Croatia is over, the operating environment is still difficult within the ports and shipping sector. Nevertheless, BMI believes cargo volumes will exceed the general Croatian economic growth rate because of the greater dynamism in regional trade, which depends not just on Croatia but on neighbouring landlocked countries. In we expect a yearonyear throughput increase of . bringing the port's tonnage throughput forecast for the year to .mn tonnes. Links of London Back to School Chubby Black Pencil Charm expect Rijeka to recover its predownturn throughput volume in and . Although in August we were doubtful that the Croatian port of Plo?e could challenge its Adriatic neighbours for the role of premier entry point for central European markets, we believed the port's new development would help it take advantage of growing Croatian trade. The first phase of a new container terminal at the port of Plo?e was ceremoniously opened in August by Croatian Prime Minister Jadranka Kosor Links of London Jumbo Charm Speaker of Parliament Luka Bebic. This phase of the new terminal, which will have a capacity of ,TEUs a year, cost US.mn, of which the Croatian government contributed US.mn. It is part of a larger port development project that will cost US.mn once completed.