Valparaiso contractor questions delay project

A major overhaul of Valparaí so port facilities will be delayed until 2009, due to uncertainty over current contractor Von Appens future participation in the process.

Port Strategy: remodelling of the port's second terminal is stalled until next year

The Valparaíso Port Company plans to remodel Valpo’s second docking station (‘Terminal 2’), expanding it towards the bay.

Although the development contract was submitted within the agreed timescale, the draft proposals still await approval from Chile’s Free Market Defense Tribunal.

Valparaíso port president Germán Correa said the approval is needed to determine whether companies currently holding concessions in the port will be allowed to participate in the planned expansion, or should be excluded due to market concentration concerns.