Honduras: $ 15 Million Grain Terminal

Puerto Cortes authorities announced an investment for the first phase of the terminal.

Thursday, January 20, 2011

Maynor Pinto, manager of the National Port Company (ENP) noted that the project could be completed in about six months.

"He stated that the National Congress will determine which system will be used, as well as the concession period for the project," Proceso Digital reported on its website.

More on this topic

Mexican Investors Propose Grain Terminal in Port Cortés

June 2010

A group of Mexican investors will present a project to provide the Honduran sea port with a terminal for storing grains.

Executives from Grupo Logra and Grupo Imsa, the companies interested in the initiative, toured the port with authorities from the National Ports Company (ENP).

Honduras: Two Bids for Bulk Terminal

April 2013

Grupo Naviero Peninsular de México and the Chilean Sudamericana Agencias Aéreas y Marítimas S.A., were the only companies who made bids for the management of the grain terminal in Puerto Cortes.

Laprensa.hn reports that "investment in this process is estimated at between $40 and $50 million and its impact will be reflected in import costs, employment generation and revenue for the National Port Authority (ENP by its initials in Spanish) and tax payments made by the winning consortium as well as the higher volume of traffic generated at Puerto Cortes due to it being more efficient. "

Construction and Operation of Bulk Terminal Awarded

June 2013

The consortium COPRECA-CYES won the tender for the construction of the Solid Bulk Terminal at Puerto Cortes in Honduras, while the Consortium Multisur SA won operation of the Terminal.

From a press release issued by the Commission for the Promotion of Public-Private Partnership (COALIANZA):

Trust Approved for Puerto Cortes

April 2012

The Honduran Council of Ministers has approved a draft decree relating to a trust agreement for the structuring, development and financing of the operation of the bulk cargo terminal at Puerto Cortes.

From a press release by the Presidency of Honduras:

The Council of Ministers, of the government of President Porfirio Lobo Sosa , approved the draft decree on Tuesday relating to a trust agreement for the structuring, development and financing of the operation of a bulk cargo terminal at Puerto Cortes, at the request of the National Commission for the Promotion of Public-Private Partnerships (COALIANZA).

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