Renewed Interest in Puerto La Union
Ten international companies have shown interest in operating the Salvadoran port and investing $30 million in renovating its infrastructure.
Friday, June 1, 2012
More than 10 international companies from Europe, Asia, America and Latin America have submitted bids for the administration of Puerto La Union, although the tender process will be carried out during the rest of the year, said Alberto Arene, president of the Executive Committee of Autonomous Ports (CEPA in Spanish).
The bill provides for a 30 year concession and an investment plan of at least $30 million.
The Autonomous Executive Port Commission (CEPA) is working on the conditions for the tender for the concession of the port terminal.
According to private operators, shipping companies will continue using port Acajutla, so the new port would only generate losses for the Salvadoran state.
At least 10 international companies have expressed interest in the public process to award the operation of port La Union in El Salvador.
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