AMEGA Holdings (Barbados) Inc. through its Costa Rican Operating Company, Americas Gateway Development Corporation Ltda, “AMEGA” will build a new deep-water international container transshipment terminal on the Atlantic coast of Costa Rica on Moin Bay near Limon, known as the Mega Terminal of the Atlantic (MTA).

 With an initial capacity of 2 million TEUs per year (90% international transshipment / 10% domestic import-export), the MTA will provide:

• New and highly efficient transshipment capability for vessels up to super post-Panamax size with the deepest depth in Caribbean of 19 meters;

• Security meeting the stringent requirements of the US Secure Freight and Container Scanning Initiatives with100% x-ray and radiation scanning;

• A strategic location:

            - 223 nautical miles from the Caribbean terminus of the Panama Canal at Colon.
            - In hurricane-free latitudes.
            - In politically, economically, and socially stable Republic of Costa Rica.

• Caribbean terminus for a future “dry canal” across Costa Rica linking with high-speed rail and pipelines to the Pacific coast permitting effective inter-oceanic competition for the Panama Canal including capability to serve the newest class of container vessels too large for the expanded Panama Canal.