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Latin America Investment News on Viva Tropical

La Union Port Concession Up for Bid in August

Article Summary:

The port of La Union will be the first public work to be offered as a concession in El Salvador. The international bidding process is open and the tender will be announced in August 2012.

Photo Credit: La Prensa Grafica

Original Article Text From La Prensa Grafica via Google Translate :

Union ECA Port Awarded in December
December is the month that the Autonomous Executive Port Commission (CEPA) is scheduled to award the port of La Union operator who wins the international bid.

According to the schedule prepared by ECA, the tender will be announced in August. Companies interested in participating will be from 1. August until November 15, 2012 to prepare their bids.

“The award is scheduled for the third week of December and the signing of the contract by January 2013,” explained Rolando Diaz, manager of CEPA concessions. Then, the contract will be sent to the Legislature for approval. Diaz hopes that this process does not take more than a month.

Already with the legislative backing will be a transition period which will end on 1. St May 2013, in which the dealer and operate the port.

“The details of the President (Funes) is that it will open the tender in the second half of this year. We’re on a roadmap to that goal, “said Alberto Arene, president of CEPA.

Moreover, the International Finance Corporation (IFC, for its acronym in English) contracted firms will support the autonomous development of technical studies, legal and financial will be used to develop bidding.

Those selected are: Moffatt & Nichol, a firm specializing in planning and design of port facilities, and the Peruvian firm ROSSELLÓ, who has experience in infrastructure concessions. This office will be responsible for drafting the bidding and contract in partnership with Rusconi, Medina & Associates.

These documents shall be approved by the Board of CEPA and, subsequently, the Maritime Port Authority (MPA) give technical and legal backing.

To question him about the timetable, Diaz said, “The times have made are reasonable … The companies we are advising you know what they do, that gives us the assurance that the process walk according to the program that has been established. ”

The port of La Union will be the first public work to be concession in the country.

Ramon Herrera, port manager AMP, is confirmed in the first phase of the concession. “We must understand that you have to do well because these are the foundations of the concession. There is no point going tomorrow to bid if you do not have well made the analyzes and studies, “Herrera explained the mechanics of this type of procurement.

The decision of which company is awarded the grant will be made by the board of CEPA.

Link to Original Article:

From La Prensa Grafica

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