El Salvador: Port concession to be approved during second quarter

Mauricio Tobar, spokesperson for the port authority (CEPA), reported that the approval of the law for the privatization of the ports will be postponed until the second quarter.

Tuesday, January 6, 2009

According to Business News Americas "we are already immersed in the pre-electoral period, mayoral and Congressional elections will be held on January 18. It will be very difficult at this time (for Congress) to deal with this matter. The presidential election is on March 15," he indicated.

"Maybe during the period between the January 18 and the March 15 elections is when, that is at the end of January or early February, there will probably be a possibility of dealing with the issue," he said."

More on this topic

APM Terminals Expresses Interest in Salvadoran Ports

September 2010

The combined concession of the La Unión and Acajutla ports is said to interest the Dutch company.

"El Salvador is not a very big country, these ports are not very big either. As such I think it makes sense for them to managed under one administration in order to make them more efficient," APM Terminals' Latin America manager, Henrik Pedersen, told BNamericas.

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.

Renewed Interested in Salvadoran Ports

September 2009

Logistics group Ransa expressed its interest in the concession of the country's port system.

RANSA is a group composed of Peruvian, Chilean and Salvadoran investors. Its president, Raúl Álvarez Belismelis, stated that the country is losing development opportunities due to lack of definition on how to operate Port La Unión.

El Salvador: "Now is not the time to talk about the port"

November 2008

For vice president Ana Vilma de Escobar, it will be difficult to consider the port concession again due to the political situation.

"I think we are at the point where recognize that international operators are willing to do business with the country, however we are in the middle of an electoral season and this makes its harder to discuss the project," Escobar said.

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