New businesses in the segment of small shipping companies, and competitiveness in the maritime and logistics regional market is what the country is missing out on because of the delay in the construction of a new terminal.
One of the main points in favor of the construction of a port in Corozal is the business that could be generated in the segment of smaller shipping companies, which, according to entrepreneurs in this sector, have difficulty accessing the services they need because larger shipping companies are generallygiven priority attention at major ports.
The lack of tax incentives could be one of the reasons why no companies submitted bids in the tender for the concession of the port in Corozal in Panama.
The lack of bids in the tender for the concession of the construction and operation of a container port in Corozal West came as no surprise to some entrepreneurs in the maritime sector, who believe that lack of sufficient tax incentives could have influenced the decision of companies to not submit bids.The opposition that the project has generated and the lawsuits filed against it could also have weighed on the decision not to participate.
According to CentralAmericaData's system for identifying Construction Projects, the project involves the construction of a marina and breakwater, to be developed in three phases, in a total area of 6.9 hectares in Perico Island.
Although legal challenges remain, Quetzal Container Terminal has resumed its duties and received the first vessel, after nine months of no operations.
The auditor Alexander Aizenstatd, explained that the start of operations at the TCQ was due to the fact that to date the contract has not been canceled and therefore "there is no measure affecting its validity'.
The operator of the container terminal may have already informed customers and shipping companies that on March 9th it will be ready to start receiving the first ships.
In late January the Port of Quetzal (EPQ) gave approval for APM Terminals to start operations at the Quetzal Container Terminal, and now the company could be preparing to start operations from March 9.
In Panama, the deadline for bids in the tender for the design, construction and operation of the Container Terminal Corozal has been postponed until February 17.
The Panama Canal Authority announced that on February 1 the new deadline for submitting tender proposals is 17 February. The 14-day extension was put forward in order for there to be more time to respond to queries raised by the prequalified companies during approval meetings.
While pressure grows in Guatemala for the contract with APM Terminals to be annulled, the US company American Ports has expressed interest in operating the port.
Following opposition on the part of Congress to the possibility of approving a bill put forward by the executive branch proposing the granting of a direct concession to APM Terminals, now the Comptroller General of Accounts (CGC) has recommended declaring the contract void and starting a new process.
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