El Salvador Port Concession Unresolved

Some of the proposals reviewed include making CEPA the administrator and operator of the port of La Unión.

Wednesday, July 15, 2009

Guillermo López Suárez, president of the port commission known as CEPA, is working on a new proposal. This proposal includes an updated diagnostic of the situation.

Translated from the La Prensa Gráfica website: "While [CEPA] continues with the study, sources close to the analysis process affirmed that ... the option of CEPA being the administrator and operator of the port, as it is in Acajutla, is gaining strength."

More on this topic

Companies Interested in Operating Puerto La Union

November 2011

At least 10 international companies have expressed interest in the public process to award the operation of port La Union in El Salvador.

Companies from Spain, the United States and Japan are all interested in participating, according to a market survey conducted by government authorities, said Alexander Segovia, secretary of the presidency.

Requirements Defined for Puerto de La Union Concession

June 2011

The Salvadoran government has announced the conditions to be fulfilled by companies who operate, under the form of concessions, at the new port.

Having a minimum capital of $50 million and experience in cargo handling of at least 800 000 TEUs (a TEU is equivalent to a 20-foot container) are two conditions that companies who choose to participate in the tender for the concession of the port must comply with.

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.

El Salvador: Reduction of premium for port concession under consideration

November 2008

The premium that the port operators would have to pay could change due to the new international financial situation.

Internatinal operators that are interested in the La Union and Acajutla ports have said tot he Autonomous Executive Port Commission that the economic conditions to compete for the management of the port system in El Salvador are changing due to the global crisis.

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