South America

Chiles Foreign Minister used his Twitter account to confirm that construction will now go ahead of a new deep water port at San Antonio, in Valparaísos southern zone. The announcement co-incided with…

Political instability, difficulties in securing finance and legal uncertainty resulting from changes to regulatory frameworks have combined to deter potential foreign investors to Brazilian infrastructure projects, according to Fernando Marcondes, partner at…

In Brazil, Wellington Moreira Franco, the minister responsible for the country’s port concession programme, has asked for patience in respect of difficulties that have emerged in implementation.

Otto Bottger, DP Worlds commercial manager for the South American west coast and future director of the Posorja container terminal, has confirmed that the operator is to invest $1.2bn in its latest…

A request by Contecon, the ICTSI company which operates the container terminal at the port of Libertador Simón Bolívar de Guayaquil, to have DP Worlds Posorja concession suspended as a precautionary measure…

Guatemala’s Auditor General, Carlos Mencos, has filed a criminal complaint in respect of 19 contracts that are in force in the Port of Quetzal (EPQ) on the grounds that they transfer public…

ICTSIs Guayaquil subsidiary, Contecon, has filed a claim against DP World and Dubai World Corp to Ecuadors Antitrust Agency, the Superintendent of Market Control (SCPM), for uncompetitive and monopoly practices in respect…

Guatemalas Presidential Commissioner, Enrique Godoy, revealed at a recent press conference that the government has sent around 30 contracts to the countrys Attorney General in respect of allegations of possible corruption surrounding…