Mexican Investors Propose Grain Terminal in Port Cortés

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

Thursday, June 17, 2010

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

The new facilities (transportation bands connecting ships directly with trucks), are expected to make the port more competitive.

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More on this topic

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):

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. "

Modernization of Puerto Cortes will Lower Costs

February 2012

Obsolete infrastructure at the industrial dock is causing delays which increase the cost of importing grain from $3,000 to $20,000 a day.

Delays in unloading cargo ships at berth cause additional costs to importers of between $3,000 to $20,000 per day, a situation caused by the outdated infrastructure of the port of Puerto Cortes, Honduras' main port, reported El Heraldo.hn.

Honduras: $ 15 Million Grain Terminal

January 2011

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

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.

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