Local Funding for Terminal de Contenedores Quetzal

The Spanish company which is to build and operate the new container terminal at Puerto Quetzal, is seeking $250 million from banks in Guatemala.

Wednesday, April 17, 2013

As explained by Juan José Suárez, CEO of Container Terminal Quetzal (TCQ), the advisory firm Everis, will be responsible for making the round of contacts with the banks which could finance the construction of a new dock and terminal in the Port of Quetzal (EPQ).

According to Suarez "apparently Guatemalan Banks do have the ability to do it."

The Spanish group TCB won the 25-year concession to operate the container terminal at Puerto Quetzal, which will initially have a 300 meter long quay, and will be equipped with four Ship-to-Shore (STS) cranes.

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