Technical Feasibility Study for La Unión Port

The Japanese government will donate a study worth $100.000, to identify viable alternatives for the port.

Wednesday, August 12, 2009

This study would start in October, and would be carried out by professional consultants. Among other things, it should determine potential demand for the port's services in the following years.

"... they will also conduct a risk and financial analysis, for Salvadoran authorities to evaluate different operation models for the new port", reported Elsalvador.com.

More on this topic

Puerto de La Union Generates Monthly Losses of $100 thousand

May 2011

Although it is not yet operating, the port terminal in salaries alone has an outlay of $100 thousand per month.

Since the start of operations in June 2010, only five boats have been received and about 90 employees have been hired in the areas of maintenance, miscellaneous services and administration among others.

Best Option for Port La Unión: Partial Concession

May 2010

Such is the conclusion of a 7 month study conducted by Japanese experts.

Conducted by the Japan International Cooperation Agency, the study suggests that the Salvadoran port should be operated as a partial concession. For this, the country would need to issue new laws capable of regulating such model.

What's Going On With La Unión Port in El Salvador?

August 2009

$185 million were spent in the construction of port that is inoperative, and nobody knows when it will operate...

Industrial engineer Carlos G. Romero analyzes the situation in an article published in Laprensagrafica.com. He promises a second chapter, to expand the explanation of the multiple topics revolving around the situation.

Concession for Salvadoran ports goes to the National Assembly

January 2009

The government will send the bill to the Legislative Assembly with a proposal for 90% of the shares to be owned by foreign investors and 10% by the State.

According to elsalvador.com: "The completed La Union Port will be turned over to President Elias Saca next Wednesday. That same day he will send the draft legislation for the concession of the port to the Legislative Assembly.

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