Mixed concession being evaluated for Salvadoran ports

The Government is evaluating a public-private design for the operation of the country's port system.

Tuesday, September 9, 2008

"What is clear is that there must be a concession, although at the moment a master concession is not supported," Ana Vilma de Escobar, vice-president of the Republic, admitted. She has been in charge of promoting the concession of the La Union port and the Acajutla port to international companies.
"If the concession is a mixed system where the State has 51% of the shares we have no problem with it and are ready (to vote)," said Mario Ponce, a PCN lawmaker.

More on this topic

Concession of Salvadoran ports will be public/private

September 2008

Everything appears to indicate that the port system will be granted in a public/private concession, said Ana Vilma de Escobar, Vice-president of the Republic.

"The idea is to seek a public/private association, where the State will provide the least possible amount, since we are talking about $1 billion in investment over 25 years... as we do not have to capacity to provide this amount," she added.

El Salvador: Port concession process under analysis

August 2008

Yesterday the Vice-president of the Republic headed the first meeting of the committee established to analyze the future concession process for the Salvadoran port system.

The schedule established by the Autonomous Executive Port Commission to grant concessions for the ports of Acajutla and La Union is being delayed due to the refusal of some lawmakers to approve the Government’s proposal.

Port chief says La Unión concession will earn El Salvador US$8 million a year

July 2008

El Salvador will earn US$8 million a year over the next 25 years from a concession to operate the port of La Unión, predicted Albino Román, president of the Autonomous Port Authority (CEPA).

Román said the projection was based on the minimum forecast for the volume of cargo. The 178,000 square-meter cargo terminal will have a 350,000 TEU (20ft equivalent) container handling capacity.

La Unión, Acajutla ports concession decree sent to El Salvador's congress

May 2008

El Salvador's national ports authority Cepa has sent the project decree for the concession of its La Unión and Acajutla terminals to congress, Cepa planning manager Ernesto Altschul told BNamericas.

"The project decree required by the constitution was sent to the legislative assembly, where it will be analyzed by a commission," he said, adding: "We expect the process to be completed within a month."

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