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

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).

Tuesday, July 1, 2008

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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The project presented by the Government to the Legislative Assembly proposed the concession of both the La Union and the Acajutla ports to one operator.

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