With an investment of $35 million the plan is to build a shopping center with movie theaters, a convention center and a hotel in Puerto Salvador Allende.
According to Virgilio Silva, CEO of the National Port Enterprise (EPN) , the construction of a shopping center with cinemas in Managua Malecon is very close to completion. Documentation has been formalized with Arab investors to develop the project which also includes the construction of a convention center and a hotel.
Excessive paperwork is delaying investments in the country's ports, while authorities blame each other for the problems.
Planned investments in the ports of Limón, Puntarenas and Caldera have been slowed by excessive paperwork and the lack of accountability of the authorities, who blame each other for the delays.
2 years ago the port of Moin halted a million dollar purchase of equipment.
The threat of paralyzing the work of the third set of locks of the Panama Canal is keeping maritime and port operators around the world on tenterhooks.
The conflict between the construction consortium (GUPC) headed by the Spanish Sacyr and the Panama Canal Authority (ACP), which originated over the demand for the first payment of $1.6 billion in cost overruns and the ACP's rejection of that claim, threatens to extend the opening of the expanded waterway, through which 5% of the world's maritime cargo passes, to beyond 2015.
An expansion will be carried out of the port of San Juan del Sur in order for it to have four cruise ships docking at the same time and add infrastructure to cater to tourists.
According to Rodrigo Castro, an official from Empresa Portuaria Nacional in San Juan del Sur, this project aims to diversify services and will favor a much faster attention to tourists and embarking and disembarking.
Authorities are negotiating a loan to finance road repairs up to the border of Peñas Blancas and Paso Canoas, and works on the Pacific ports.
The Inter-American Development Bank (IDB) will lend $400 million and the remaining $50 million will be contributed by the Chinese Cofinancing Fund (FCC) . According to the Ministry of Public Works and Transport (MOPT), the project manager, in January the bill will be sent Congress for approval.
With $22 million the fishing port of Puerto Salvador Allende will be modernized and a marina, heliport, and shopping center with cinemas constructed.
This was announced by Virgilio Silva, CEO of the National Port Company (EPN). "The harbor, which is 1300 meters long, 10 meters wide and 10 deep, will be able to accept boats weighing up to 15 thousand tons ..." reported Elnuevodiario.com.ni.
The plan is to improve access to the port, equipment and facilities for the movement of loads, and increase the depths of the three piers.
The Autonomous Executive Port Commission of El Salvador (CEPA) will develop a renovation plan for the port of Acajutla (Sonsonate) with $8.1 million of its own funds and $22 million from external sources.The port renovation plan was approved in July by the board.
The Panama Canal Authority has authorized the expansion of the Rodman Container Terminal, owned by PSA International.
According to Jorge Quijano, administrator of the Panama Canal, it is now up to the Panama Maritime Authority (AMP) to give final approval to the extension.
The terminal is operated by the Port Authority of Singapore (PSA International) with whom the Panama Canal Authority (ACP) has reached an agreement to rent 20 hectares located at the same terminal and which would be used in the future expansion of the terminal .
Most cruise ships arriving in Central America have to operate at docks designed for cargo handling, and as such are not fit for passenger traffic.
Richard Sasso, president and CEO of MSC Cruises USA, noted that one of the main issues is having suitable docks so that cruise ships can dock directly, instead of using small boats to unload passengers in groups, as this causes many delays.
The law allows private concessions for the construction of ports of up to 20 years.
Additionally, the initiative formally eliminates the government's monopoly on ports, gives the Legislative the ability to approve the construction of deep water ports as well as introducing fiscal benefits such as relief when buying construction materials.
From a press release by the National Assembly of Nicaragua:
The Ministry of Public Security in Panama is putting out to tender the study, design and repair of Pier # 3 at Rodman.
The call is for the study, design and repair of Pier # 3 at Rodman, located in the Township of Veracruz, Arraiján District, Province of Panama.
The deadline for submission of bids is May 13, 2013.
The date and time of the clarification meeting is May 1st at 10:00 am at the Administrative Office of the Ministry of Public Security on the third floor.
The National Port of Honduras will be receiving expressions of interest for hiring a consulting firm to support the expansion and modernization project of Puerto Cortés.
Services include primarily the function of supporting the Borrower (ENP) in the administration and supervision of the overall project works by performing the following activities:
-Provide specialized consulting services for project implementation
With changes to the conditions, the tender process to award the construction of the bulk terminal of Puerto Cortés will be reopened.
According to Carlos Pineda, Coalianza's commissioner, they are still defining the type of process to be used in the new tender. "They have to change some conditions of the competition, but the project itself has not changed, it is the same and its basic structure is the same.
Ports in the region are rushing to stay in the commercial maritime current which will be generated by the vessels of up to 12,500 TEU's which will pass through the canal.
With a view to the expansion of the Panama Canal the companies responsible for managing Latin American ports are making large investments in order to stay competitive.
Panamaamerica.com.pa reports that "the expansion of the Panama Canal, which is expected to be operational in the first half of 2015, has encouraged companies running Latin American ports to invest millions in order to maintain competitiveness , said sources close to the industry today. "