Buenos Aires $760m tender imminent

Port of Buenos Aires The winner of a tender to operate the Port of Buenos Aires must invest US$760m in the first 10 years. Credit: Argentina Ministry of Transport
Industry Database

Argentina’s Ministry of Transport has approved the specifications of an international public tender to operate the renewed Port of Buenos Aires for the next 50 years.

The approval enables the General Administration of Ports to call for bids for the modernisation plan, launched in December. The winning company must, among other conditions, continue the expansion works that are already underway and invest $760m in the first 10 years.

Renewal of the port infrastructure will double the current cargo capacity. A flexible design will be used which is adaptable to the needs of the market in a more competitive and sustainable way. In addition, this project will generate new green and recreational spaces for the community, integrating with the Paseo del Bajo and the Young District.

$75m so far

Up to now, the port has carried out expansion works totalling $75m, gaining 9 hectares for logistic operations in the Dársena F and 15 hectares north of the sixth jetty that will function as an external cargo terminal to allow the entry of larger vessels.

Being a single operator, the maximum rates will be established by contract to ensure greater transparency and competitiveness, said the Ministry.

The modern design of the port aims to enhance intermodality as well as reduce logistics times and costs.

Railway access is currently being improved, trucks will have a single access and a larger and better equipped waiting area.

The port’s barges will have a dock with exclusive priority and, due to the customs corridor in which they are already working, operations are expected to be more efficient and co-ordinated.

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