APM loses interest in El Salvador

El Salvadors Port Authority, Cepa, is to issue a tender in respect of privatisation of the La Unión-Acajutla port complex in the second quarter of this year.

The preferred model is for a public-private partnership, with the state retaining 10% of equity.

Once keen APM Terminals is reported to be losing interest in the project given delays on agreeing the exact privatisation model.