CEPA finances will only allow them to invest $21.8 million that is considered critical to maintaining operations in 2009.
The Executive Autonomous Port Commission (CEPA) of El Salvador has committed its finances to the payment of the loan from the Japanese JBIC Bank for the construction of La Unión Port, leaving few resources for other investments. This year, the entity will only make certain investments considered "critical" so that the normal operation of Acajutla Port and the International Airport of El Salvador will not be affected.
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."
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.
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.
One month before inaugurating its port, the City of La Union has serious deficiencies especially regarding health and basic services.
The city with the same name as the port is far from offering the minimum conditions that will allow it to enter the development dynamics required in the zone.
Few works show that the city is moving at the same rhythm as the construction of the terminal.
Local development is in need of a process of dialogue and consensus between private and public entities.
With these words the International Summit on Local Economic Development, Gloria Salguero Gross, coordinator for the National Commission on Local Development, inaugurated the meeting.
One of the aims of this summit is to start the dialogue on local development topics at the different political and economic levels.
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