100% Concession for La Union Port

It was determined that the best option for the port terminal is to have 100% private administration.

Monday, November 8, 2010


This was revealed by the report issued by the International Finance Corporation (IFC), according to the Executive Port Commission (CEPA) in El Salvador.

"The option is called master concession, which means that a company will manage the terminal, but it still belongs to the state," Enrique Córdova, president of Cepa, told newspaper El Mundo. "The master concession for infrastructure is granted to an international operating entity responsible for managing it entirely, for the period of time stated in the contract."

More on this topic

Satisfaction with the Puerto La Union Concession Model

June 2011

The private sector has pointed out the constitutionality of the decree and considers that it is conveying the right message to foreign investment.

Representatives of the Foundation for Economic and Social Development (Fusades) and the National Association of Private Enterprise (ANEP), noted that the decree for the concession is focused on and consistent with the goals of economic development.

El Salvador: Port La Unión is Inaugurated Amidst Controversy

June 2010

According to private operators, shipping companies will continue using port Acajutla, so the new port would only generate losses for the Salvadoran state.

The port, completed on January 2008, has been inoperative since then, because it lacks the necessary equipment, and because the government has not yet defined and approved a concession model for a private operator.

Concession Law for La Union Port

March 2011

The bill provides for a 30 year concession and an investment plan of at least $30 million.

The company winning the bid will implement the investment plan during the first five years.

"The Minister of Public Works, Gerson Martinez, confirmed that the project will operate under the 'Landlord' system," informs Elsalvador.com.

Port of La Unión Concession Process Resumes

September 2010

El Salvador's state ports authority (CEPA) will bring together the various political factions in a first international consultation workshop.

CEPA has contracted the International Finance Corporation (IFC) to carry out a feasibility study to determine the ideal concession model for the La Unión shipping terminal.

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