El Salvador presents terms for port concession bids

Authorities in El Salvador have presented the terms of the tender that will lead to concessions for the ports of Acajutla and La Unión.

Tuesday, June 10, 2008


©image:

The operator will have to invest US$95 million in the first five years, according to the terms presented by Rolando Díaz Benavides of the nation's Autonomous Executive Ports Commission (CEPA).

More on this topic

Japan and WB Worry for Lack of Activity at Port La Unión

October 2009

The inaugurated port remains inactive, and both Japan and the World Bank are helping for defining a concession model.

The new port is currently inactive, as there is still no definition regarding how to give it under concession to an operator. In light of this, technicians from the International Finance Corporation (IFC) are in the country gathering information about the port, in order to help design a solution.

Port concession in El Salvador unresolved

August 2008

The project presented by the Government to the Legislative Assembly proposed the concession of both the La Union and the Acajutla ports to one operator.

CEPA president, Albino Román, said that this is the most appropriate way because it is attractive to big companies and will permit better development of the terminal and will generate income for the country, both from the operation of the port as well as from taxes.

Train Demanded for La Unión Port

April 2009

For the new port to be able to compete with other ports in the region and as an inter-oceanic canal, La Unión needs a train connection to Guatemala.

The former president of the Autonomous Executive Commission (CEPA), Hugo Barrera, said, "If the railway between La Unión Port y Santo Tomás de Castilla in Guatemala cannot be rehabilitated, it will just be another port."

No Vessels in Puerto La Union Since August

October 2010

Carriers suggest specializing the ports of La Union and Acajutla in order to make them more attractive.

After the first month of the port´s operation, the port showed some movement by receiving one ship per week, but since then it has remained completely inactive.

According to Maria José Saavedra article´s in Laprensagrafica.com, the president of the Salvadoran Association of Cargo Transport Entrepreneurs (ASETCA), Nelson Vanegas, suggested that "Puerto La Union could specialize in cooling containers and Puerto Acajutla, could specialize in grains, fuels, gases and any liquids, so that companies know best what products land on each port."

 close (x)

Receive more news about Government

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


USA firm looking for Architects, Engineers and Construction Managers

BASE4 is a collection of talented architects, engineers, project managers and construction managers from around the world designing exciting hospitality projects.
Job Description: BASE4 is looking for several architects...

Stock Indexes

(Feb 21)
Dow Jones
0.58%
S&P 500
0.60%
Nasdaq
0.47%

Commodities

(Feb 22)
Brent Crude Oil
56.72
Coffee "C"
151.85
Gold
1,236
Silver
17.990