Guatemala: Puerto Barrios Contract Could Be AnnulledThe Executive Branch is considering the cancellation of the lease agreement between Ferrovías and Cobigua after the Attorney General's Office filed a complaint alleging anomalies.Thursday, May 19, 2016
The Executive is evaluating whether it will declare invalid the lease agreement between Compañía Desarrolladora Ferroviaria (Ferrovías) and Compañía Bananera Guatemalteca Independiente (Cobigua) days after the PGN filed a suit with the Public Prosecutor to start an investigation to determine " ... who were the people responsible for signing the contract, in addition to identifying what legal standards were used by Ferrovías to finalise the aforementioned contract, since that company has no power over the state." See "Corruption denounce in the concessioning and management of Puerto Quetzal" Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Guatemala: Puerto Quetzal Still Without ContractNovember 2016 The productive sectors are urging an agreement between the President and Congress of Guatemala to formalize the concession of the container terminal to APM Terminals. Maersk Group could be the Concessionaire of Puerto QuetzalApril 2016 The acquisition of TCB by APM Terminals means that any dispute concerning the granting of Puerto Quetzal will involve the largest group in the world in the maritime sector, the Maersk shipping company. Guatemala: Port Concession At RiskSeptember 2015 The Attorney General's Office has recommended the onerous usufruct contract signed with the Spanish Terminal de Contenedores Quetzal be declared void. Guatemala: Port Concession At RiskAugust 2015 Actions have been announced by the Comptroller General's Office to declare the contract signed in July 2012 with the Spanish International Container Terminal Quetzal as detrimental.
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