€1.1 billion will be invested in the Port of Hamburg public and private funds to enhance accessibility and port infrastructure in the Waltershofer Hafen area where 90% of the largest container ships currently scale arriving in the German port. The program mainly includes the enlargement of the evolution basin that will be expanded by 480 to 600 meters to allow easier maneuvering in ship safety. In addition, the terminal group Eurogate, which operates the Container Terminals Buchardkai (CTB) and Container terminals Terminal Hamburg (CTH) in this port area, has signed a preliminary agreement for the management of additional areas by investing at least 700 million euros in the expansion of the terminals with works which is expected to last two years under the of the entire project which is expected to be completed in the middle of the of the next decade.