Port concession urgently needed in El Salvador

The Salvadoran Foundation for Economic and Social Development asked the Government and Legislative Assembly to approved the concession for the port system.

Tuesday, December 16, 2008


The entity supported, via a memorandum on the issue, the proposal to give 90% of the administration of the country's two main ports to private hands, while the State mains 10%. "This is precisely what the Presidential Commission for the Analysis of the Concession of Port Acajutla and Port La Union has concluded," the Foundation reiterated.

President Antonio Saca, who favors 25% for the State, said last week that this Thursday he would meet with the vice president of the country to make a decision on what would happen with the port system.

More on this topic

Concession for Salvadoran ports goes to the National Assembly

January 2009

The government will send the bill to the Legislative Assembly with a proposal for 90% of the shares to be owned by foreign investors and 10% by the State.

According to elsalvador.com: "The completed La Union Port will be turned over to President Elias Saca next Wednesday. That same day he will send the draft legislation for the concession of the port to the Legislative Assembly.

El Salvador still without political agreement on concession of ports

October 2008

President Antonio Saca confirmed that they presented a proposal to concession 90% of the port to the private sector and 10% to the State.

Saca said that according to the proposal, the State would receive returns based on the tariff system and not just from the percentage it owns.

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.

Government to Award Concession of La Union Port

March 2011

By next week, the government will send to the National Assembly a draft law for the concession of the port of La Union.

The concession is to be developed under the “landlord” format, in which the State retains control and ownership of the assets but delegates responsibility to a private operator in order to develop the business on his own account and risk, stated Salvadoran president Mauricio Funes.

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