Ten operators interested
El Salvador's La Union port authority (Cepa) has revealed that 10 international port operators have indicated an interest in operating the port as a private concession. Bids for the 25-year concession must be entered by July and will be subjected to an analysis in September.
Construction work on the new port, which has a price tag of US$170m, is currently being undertaken by TOA/Jan De Nul and is scheduled for completion at the end of 2007. The 117ha facility, located in the Fonseca Gulf, will have 560m of quay with alongside draught of 14m. In addition to a passenger terminal, the port will also have both a container and a multipurpose terminal.
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