Operators ask for resolution of the La Union port situation in El Salvador

Four port operators that are interested in the port, met at forum organized by the CND and expressed their concern about the uncertainty surrounding the operation of the terminal.

Wednesday, November 26, 2008

They all agree that the window of opportunity which El Salvador has by having already built the port will not last much longer: Guatemala, Costa Rica and Mexico are also very attractive.

"(Guatemala) definitely attracts us because they have a much bigger market than El Salvador and it boils down to who acts first, that is why everyone is expressing urgency and the need to act quickly," said Henrik Pedersen, Dutch operator - APM Terminals.



More on this topic

Puerto La Union Operates at 15%

February 2011

In its first year of operation the Salvadoran port has handled 150.000 TEUs, while it's capable of moving one million.

The director of the Board of the Maritime Port Authority (MPA), Fredy Villalta, said that in order to achieve a balance in operations they need to handle between 300 and 400 thousand TEUs, adding that "we need external cargo."

Analysis of Port Concession Draft Law in El Salvador

March 2009

With the participation of Peruvian specialist, Lincoln Flor Rojas, the National Commission for Development held a forum to discuss port concessions.

Lincoln Flor Rojas, manager of the Oversight Agency for Investment in Transport Infrastructure and Public Use in Peru informed Laprensagrafica.com: "The state must find an international operator that offers quality and effectiveness in the management of the service, instead of focusing on the amount of investment that it can bring immediately. What I find dangerous are the renegotiations that are almost immediate in committed reinvestment. It should be regulated more by the level of quality than the amount invested."

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.

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