El Salvador: "Now is not the time to talk about the port"

For vice president Ana Vilma de Escobar, it will be difficult to consider the port concession again due to the political situation.

Wednesday, November 19, 2008

"I think we are at the point where recognize that international operators are willing to do business with the country, however we are in the middle of an electoral season and this makes its harder to discuss the project," Escobar said.

The present of the Investment Promotion Agency (Proesa) also added that there are other priority topics such as the 950 million dollar loan granted by the World Bank.

More on this topic

Analysis of Port Concession Draft Law in El Salvador

March 2009

With the participation of Peruvian specialist, Lincoln Flor Rojas, the National Commission for Development held a forum to discuss port concessions.

Lincoln Flor Rojas, manager of the Oversight Agency for Investment in Transport Infrastructure and Public Use in Peru informed Laprensagrafica.com: "The state must find an international operator that offers quality and effectiveness in the management of the service, instead of focusing on the amount of investment that it can bring immediately. What I find dangerous are the renegotiations that are almost immediate in committed reinvestment. It should be regulated more by the level of quality than the amount invested."

El Salvador: Port concession to be approved during second quarter

January 2009

Mauricio Tobar, spokesperson for the port authority (CEPA), reported that the approval of the law for the privatization of the ports will be postponed until the second quarter.

According to Business News Americas "we are already immersed in the pre-electoral period, mayoral and Congressional elections will be held on January 18.

APM Terminals Expresses Interest in Salvadoran Ports

September 2010

The combined concession of the La Unión and Acajutla ports is said to interest the Dutch company.

"El Salvador is not a very big country, these ports are not very big either. As such I think it makes sense for them to managed under one administration in order to make them more efficient," APM Terminals' Latin America manager, Henrik Pedersen, told BNamericas.

Renewed Interested in Salvadoran Ports

September 2009

Logistics group Ransa expressed its interest in the concession of the country's port system.

RANSA is a group composed of Peruvian, Chilean and Salvadoran investors. Its president, Raúl Álvarez Belismelis, stated that the country is losing development opportunities due to lack of definition on how to operate Port La Unión.

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