Puerto Santo Tomas Seeks $78 Million

The National Port Company Santo Tomás de Castilla will seek external financing to develop the expansion works planned for the port terminal in the next five years.

Tuesday, November 20, 2018

According to the representatives of the Empresa Portuaria Nacional Santo Tomas de Castilla (Empornac), in the next five years a cruise terminal will be built, one for solid and liquid bulk, and another for containers.

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Regarding the resources needed by the maritime terminal, César Meza, CEO of Empornac, said to Prensalibre.com that "... In the construction we will require external funding, and negotiations are underway. Now, there is an offer from South Korea, which carried out the master plans of the port network to finance the expansions through a soft loan."

Meza added that "... The investment will include the equipment, the depths in the dock (dredging) and the access channels to each of the terminals. In five years we estimate to have the terminals, and for the next one to have the processes. The last terminal to be built would be the container terminal, which includes the installation of gantry cranes."

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