More delays for port concession in El Salvador

The impasse is no longer just technical, but also political and legal, and above all because there are no clear functions for the parties involved.

Thursday, December 11, 2008

Even if the concession degree is approved for a company with recognized experience to start operating the Acajutla and La Union ports, it would not be able to do so as long as the secondary laws and internal regulations, that directly or indirectly have to do with the port, are not changed.

And it is due to the lack of vision for the huge and complex Port La Union project, which will become a part of the country's maritime port development project, that the Presidential Commission for the analysis of the Acajutla and La Union ports did not recommend making legal reform in order to integrate all the legal aspects of the related institutions.

More on this topic

El Salvador Creates Tender for Port Services

October 2011

The Port Executive Committee has put out to tender a contract for hiring of legal persons for the provision of services in the ports of Acajutla and La Union in 2012.

According to the specifications, the purpose of this tender is to hire the following components and services:

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 To Take Up Again Port Concessions

June 2009

The new CEPA president will analyze proposed legislation for port concessions, which is now in the Legislature.

José Guillermo López Suárez, president of the Autonomous Port Executive Committee (CEPA) said that the best proposal in terms of state participation in the mixed society with a first class operator will be announced after the analysis.

El Salvador still without political agreement on concession of ports

October 2008

President Antonio Saca confirmed that they presented a proposal to concession 90% of the port to the private sector and 10% to the State.

Saca said that according to the proposal, the State would receive returns based on the tariff system and not just from the percentage it owns.

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