The Nicaraguan private sector has proposed that the operation of the port be awarded in concession or a public-private scheme used in order to improve the efficiency and management of the port terminal.
Representatives of the Higher Council of Private Enterprise (Cosep) analyzed the scheme under which the Honduran port terminal in Cortes operates, which was granted in concession to the Central American Port Operator (OPC), to evaluate if it would be feasible to replicate the model in Port Maroon.
A value of more than $5 billion has been given to the investment projects that the Ortega administration intends to carry out through public, private and investment partnership deals.
Among the projects proposed by the Nicaraguan government and open to funding proposals are:
Problems related to lack of infrastructure such as roads, ports and airports could be solved if the bill on public-private partnerships being prepared by the government and the private sector is successful.
The Draft Law on Public Private Partnerships to be presented in the coming days by President Ortega was prepared in conjunction with private sector representatives, explained the president's economic adviser, Bayardo Arce.