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Buenaventura concession extended
01 Jul 2007
The Colombian government has extended the concession to operate the port of Buenaventura conditional on investment of $54m being made by March 2008. In addition, incumbent SPRBUN must present a territorial reorganisation plan within two months.
The investment will encompass two post-panamax gantry cranes, mobile harbour cranes and 10 rubber-tyred gantries.
In the meantime, planned dredging work on the port's access channel, which should have begun in April, has been delayed by the country's maritime authorities. Permission has yet to be given for the necessary vessels to be deployed in Colombian waters.
